To diversify? Almost half of Warren Buffett’s Berkshire Hathaway portfolio includes a single share

0
53


Warren Buffett once said that “Diversification is a protection against ignorance. It doesn’t make sense if you know what you’re doing. Remember: stock up on knowledge.
Even if it’s a technological stock, apparently.
A review of Berkshire Hathaway BRK.A de Buffett,
-0,87%
BRK.B,
-0,85%
The $ 214 billion portfolio highlights that the Omaha Oracle follows his own advice, given the amount of stock that Berkshire has accumulated in Apple AAPL,
-0,31%
.

Buffett, thanks to Apple’s excellent run, now owns more than $ 91 billion from the iPhone maker, which accounts for 43% of the total Berkshire pie, according to figures cited by Motley Fool.

As the report points out, there are 46 securities in the portfolio, and if you add them all together – not counting participation # 2, Bank of America BAC,
-2,74%
– they still do not represent Apple’s participation, which proves to what extent the big names in technology punctuated the recent rally.

Lis:He is 34 and owns $ 550 million from Apple

Earlier this year, Buffett told CNBC how critical the tech giant based in Cupertino, California is to the overall performance of Berkshire.
“I don’t consider Apple a stock. I think this is our third activity, ”said Buffett, referring to the wholly-owned subsidiaries Geico and BNSF. “It is probably the best company I have ever known in the world.”
Watch the interview:

Buffett’s Apple position was a bit distorted during Tuesday’s trading session, but it still outperformed the broader market, like the Dow Jones Industrial Average DJIA,
-1,51%,
S&P 500 SPX,
-1,08%
et le Nasdaq Composite COMP,
-0,86%
all closed securely lower.

LEAVE A REPLY

Please enter your comment!
Please enter your name here