61% of BUFFETT'S STOCK IS APPLE

[Kennyt7]

He calls it the best company in the world with 2 BILLION iPhone users. Their customer service is second to none
I don't own one stock but would strongly consider it

[deanyar]

About 6.5% of vtsax is apple stock...

[Random1]

The best time to buy Apple stock would have been 10 years ago. It is hard to extrapolate previous returns to predict future performance. i can almost predict with certainty that their future returns will not be the same as their past returns.

[headwinds]

***Clickbait alert***

I guess that's true if you ignore all of the businesses that Berkshire controls. Seems like a stupid way to look at a company that primarily owns other businesses.

[pseudomonas]

Wow, I had no idea he owned so much $AAPL.

[burritos]

https://economictimes.indiatimes.com/markets/stocks/news/apples-m-cap-bigger-than-most-countries-gdp/articleshow/101557439.cms?from=mdr

Only 6 countries – US, China, Japan, Germany, UK and India — have a gross domestic product (GDP) bigger than Apple’s total market value.

[Tangler]

VTSAX, that’s enough exposure IMO.

[Hank]

https://economictimes.indiatimes.com...9.cms?from=mdr

Not really an apples to Apple comparison. GDP is one year of economic output / value. Market capitalization is the net present value of all expected future economic output / value.

You could multiply GDP or current year financial results by about 25 or 30 to get a reasonable market cap equivalent.

[jacoavlu]

warren doesn’t even get credit for buying apple that was one of the teds that also manages some BRK money. Later warren became convinced and so I think he added to the position

[PharmMedMD]

He calls it the best company in the world with 2 BILLION iPhone users. Their customer service is second to none
I don't own one stock but would strongly consider it

This is incorrect on many levels. Apple is not "61% of Buffett's stock"; it's not even that much of his equity positions which are in total under half the book value of Berkshire Hathaway. This kind of nonsense just indicates that a writer doesn't understand how to read financial statements. Buffett has never complemented Apple customer service: he is amazed at Apple's pricing power and for that reason has called it the best of the businesses he currently owns. Buffett's main stock recommendation is that people buy VOO.

[Hank]

Kenny, any evidence to back up your assertion that AAPL is 61% of Warren Buffett’s (or Berkshire Hathaway’s) total equity holdings? Care to link to any citations?

[Larry Ragman]

Apple is 51% by value of the individual equity position, exclusive of the wholly owned subsidiaries. https://www.investors.com/research/w...uffett-stocks/

[PharmMedMD]

Apple is 51% by value of the individual equity position, exclusive of the wholly owned subsidiaries. https://www.investors.com/research/w...uffett-stocks/

The June 30 10-Q reported $353 billion in equity securities and an additional $27 billion in equity method investments (which applies when they own 20-50% of a company; for instance they count their Occidental Petroleum and Kraft Heinz stock under this category according to footnotes #5 & 6) so the Apple position of $177.6 billion is around 47% exclusive of wholly owned subsidiaries and the positions in cash and T bills. Another way to think about it is Apple was around 17% of the $1.041 trillion in assets but the book value is likely below the actual value for an older, industrial conglomerate like Berkshire.

Form 10-Q for Berkshire Hathaway INC filed 08/07/2023 (quotemedia.com)

[Nash22]

The company with basically one product that never changes with zero new ideas? That one?

[Kennyt7]

OK ITS 51% not 61%. make any difference????