Billionaire Warren Buffett Sold 67% of Berkshire's Stake in Apple and Has Loaded Up On a Consumer Favorite That's Rallied 7,400% Since Its IPO
The Oracle of Omaha sent two-thirds of his company's largest investment holding packing in favor of a 7.7% stake in a steadily growing, consumer-facing business. Buffett bids adieu to more than 615 million shares of Apple When the third quarter of 2023 came to an end, Warren Buffett oversaw 915,560,382 shares of Apple in his company's investment portfolio. But over the following 12 months, Berkshire's billionaire chief disposed of 615,560,382 shares, equating to a decline of 67%. Buffett still holds 300 mil ...