tiprankstipranks
Apple is one of Buffett’s best, but riskiest investments, WSJ reports
The Fly

Apple is one of Buffett’s best, but riskiest investments, WSJ reports

Apple (AAPL) is one of Warren Buffett’s greatest investments, but is also one of his riskiest, Gregory Zuckerman of The Wall Street Journal reports. In 2016, Buffett began having Berkshire Hathaway (BRK.A;BRK.B) buy up shares of Apple and by the end of Q3 in 2018, Berkshire’s Apple stake represented about a quarter of its entire investment portfolio. This decision has paid off, but, with Apple running into problems and the stock down 10% this year, holding shares in the stock is becoming riskier.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles