Berkshire 'does their research' - they buy and sell just before the market catches on - if you know what I mean. So investment by Buffet in Apple on a pullback probably means he knows something. Makes you wonder if the flood of supplier woes is fake news/market manipulation.
Berkshire didn't buy on the recent retreat as far as we know. It would be a safe assumption that they did already or are buying more now, however.
25% of his portfolio is a massive commitment, my guess is that he's reached his maximum portfolio holding size for a single investment and won't buy any more. Typically his goal is to run a focused portfolio of around 10 positions, which should be 10% each on average.
Honestly, based on his typically conservative investing style this is a shocking revelation from Berkshire.
Comments