By selling the wrong stock, Apple, Warren Buffett’s Berkshire Hathaway has left over $35 billion on the table this yearThere’s no two ways about it: Leaving over $35 billion on the table in a single year on a single stock is simply legendarily bad investing.
Warren Buffett’s Berkshire Hathaway clearly sold the wrong stock this year. By selling some 600 million shares of Apple, Buffett’s compan has left over $35 billion on the table so far in 2024. For some perspective, HP Inc. is currently worth $31 billion.
If Buffett’s calling these nonsensical, losing shots, maybe it’s time he wasn’t. If Buffett’s no longer making the calls, that doesn’t bode well for Berkshire Hathaway’s future. We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you! Invite your friends and earn rewardsIf you enjoy MacDailyNews, share it with your friends and earn rewards when they subscribe.
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Wednesday, December 18, 2024
By selling the wrong stock, Apple, Warren Buffett’s Berkshire Hathaway has left over $35 billion on the table this…
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