Buffett Wants All of Apple

When I read that Warren Buffett had acquired 5% of Apple, I was a little uneasy.

This is almost unheard of…

Apple is now Berkshire Hathaway’s largest investment in dollar terms, according to this chart by CNBC. In percentage terms, Berkshire owns 5% of Apple now.

Apple is almost a trillion dollar company.

How much is a trillion? It’s one thousand billion.

Wow.

That’s like Kevin O’Leary on Shark Tank saying he wants 5% of a startup because it’s just enough to get him excited…

Only it’s Apple.

So that 5% is $50 billion.

Buffett Wants All of Apple

And Buffett wants more… A lot more.

He wants all of Apple.

Berkshire’s investment decisions aren’t controlled by Warren Buffett per se, he has two senior managers, Todd Combs and Ted Wechsler, who run Berkshire Hathaway’s investments.

So, if you’re an Apple investor, this news has got to give you a lot of confidence in Apple’s business.

One of my favorite approaches to stock investing is just riding the coattails of others who are smarter than me and have time to do more research. Also, watching what the insiders1 are investing in.

Whether you’re a fanboy of Warren Buffett or not, his track record and wisdom speak for themselves.

Footnotes

  1. By “insider” I don’t mean like “insider trading” but the people who are so engrained in a culture that they must, through osmosis or otherwise, have a great sense of what’s going on around a particular business or investment. This is kind of a Tim Ferriss approach to investing.