The article mentions at the end, "While he waits for deals, Mr. Buffett has plowed some of Berkshire’s cash into equity investments, including building a $39 billion stake in Apple Inc. as of Dec. 31."
But Buffett has actually reduced his investment in Apple recently [1], which is interesting if he's also sitting on lots of cash and doesn't have better places to invest it.
EDIT: found this explanation (also [1]):
"Buffett's assistant Debbie Bosanek said the shares sold were not under Buffett's direct control. "One of the managers other than Warren had a position in Apple and sold part of it in order to make an unrelated purchase," she said in an email to Reuters. "None of the shares under Warren's direction have ever been sold." "
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[ 2.6 ms ] story [ 12.0 ms ] threadThe article mentions at the end, "While he waits for deals, Mr. Buffett has plowed some of Berkshire’s cash into equity investments, including building a $39 billion stake in Apple Inc. as of Dec. 31."
But Buffett has actually reduced his investment in Apple recently [1], which is interesting if he's also sitting on lots of cash and doesn't have better places to invest it.
EDIT: found this explanation (also [1]):
"Buffett's assistant Debbie Bosanek said the shares sold were not under Buffett's direct control. "One of the managers other than Warren had a position in Apple and sold part of it in order to make an unrelated purchase," she said in an email to Reuters. "None of the shares under Warren's direction have ever been sold." "
[0] https://outline.com/wbZ3HA
[1] https://www.businessinsider.com/apple-stock-down-on-warren-b...