I said here many months ago th

I said here many months ago that Buffet is caught naked with so many shares in Apple. Lucky for him, there is the bullshit story about Apple going into AI which sustained the price for him to get out. He should be completely out of Apple within next 6 months. Apple may be slowly heading in direction of Nokia.

Berkshire Hathaway Slashes Apple Stake by Nearly 50%

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Lucky for him, there is the bullshit story about Apple going into AI which sustained the price for him to get out. He should be completely out of Apple within next 6 months. Apple may be slowly heading in direction of Nokia.","highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/334463630725360","repostId":2456466244,"repostType":4,"repost":{"id":"2456466244","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1722687766,"share":"https://www.laohu8.com/m/news/2456466244?lang=&edition=full","pubTime":"2024-08-03 20:22","market":"us","language":"en","title":"Berkshire Hathaway Slashes Apple Stake by Nearly 50%","url":"https://stock-news.laohu8.com/highlight/detail?id=2456466244","media":"Dow Jones","summary":"Berkshire Hathaway slashed its big stake in Apple by nearly 50% in the second quarter to about 400 million shares from 789 million shares in the first quarter, according to information in the company's 10-Q report released Saturday.Berkshire now holds about 2.6% of Apple and the stake was worth about $88 billion based on Friday's close of $219.86.The reduction in the Apple stake wasn't a surprise but the size of the cut was unexpected. Some Berkshire watchers had anticipated the decline because CEO Warren Buffett often continues to reduce a large equity stake once he begins cutting it. A drop of 100 million shares or so had been anticipated.Buffett may feel that Apple is fully priced at recent levels and that the holding, which was more than 40% of Berkshire's stock portfolio, had become too large. Berkshire is sitting on a large profit in the stock given that its cost basis is around $34 a share. Berkshire accumulated the stock largely between 2016 and 2018.Berkshire had held 905 mill","content":"<html><head></head><body><p>Berkshire Hathaway slashed its big stake in Apple by nearly 50% in the second quarter to about 400 million shares from 789 million shares in the first quarter, according to information in the company&#39;s 10-Q report released Saturday.</p><p>Berkshire now holds about 2.6% of Apple and the stake was worth about $88 billion based on Friday&#39;s close of $219.86.</p><p>The reduction in the Apple stake wasn&#39;t a surprise but the size of the cut was unexpected. Some Berkshire watchers had anticipated the decline because CEO Warren Buffett often continues to reduce a large equity stake once he begins cutting it. A drop of 100 million shares or so had been anticipated.</p><p>Buffett may feel that Apple is fully priced at recent levels and that the holding, which was more than 40% of Berkshire&#39;s stock portfolio, had become too large. Berkshire is sitting on a large profit in the stock given that its cost basis is around $34 a share. Berkshire accumulated the stock largely between 2016 and 2018.</p><p>Berkshire had held 905 million shares of the iPhone maker at year-end 2023.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway Slashes Apple Stake by Nearly 50% </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway Slashes Apple Stake by Nearly 50% \n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-03 20:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Berkshire Hathaway slashed its big stake in Apple by nearly 50% in the second quarter to about 400 million shares from 789 million shares in the first quarter, according to information in the company&#39;s 10-Q report released Saturday.</p><p>Berkshire now holds about 2.6% of Apple and the stake was worth about $88 billion based on Friday&#39;s close of $219.86.</p><p>The reduction in the Apple stake wasn&#39;t a surprise but the size of the cut was unexpected. Some Berkshire watchers had anticipated the decline because CEO Warren Buffett often continues to reduce a large equity stake once he begins cutting it. A drop of 100 million shares or so had been anticipated.</p><p>Buffett may feel that Apple is fully priced at recent levels and that the holding, which was more than 40% of Berkshire&#39;s stock portfolio, had become too large. Berkshire is sitting on a large profit in the stock given that its cost basis is around $34 a share. Berkshire accumulated the stock largely between 2016 and 2018.</p><p>Berkshire had held 905 million shares of the iPhone maker at year-end 2023.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","BK4505":"高瓴资本持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4581":"高盛持仓","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0072462426.USD":"贝莱德全球配置 A2","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4534":"瑞士信贷持仓","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4527":"明星科技股","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","LU0251142724.SGD":"Fidelity America A-SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2456466244","content_text":"Berkshire Hathaway slashed its big stake in Apple by nearly 50% in the second quarter to about 400 million shares from 789 million shares in the first quarter, according to information in the company's 10-Q report released Saturday.Berkshire now holds about 2.6% of Apple and the stake was worth about $88 billion based on Friday's close of $219.86.The reduction in the Apple stake wasn't a surprise but the size of the cut was unexpected. Some Berkshire watchers had anticipated the decline because CEO Warren Buffett often continues to reduce a large equity stake once he begins cutting it. A drop of 100 million shares or so had been anticipated.Buffett may feel that Apple is fully priced at recent levels and that the holding, which was more than 40% of Berkshire's stock portfolio, had become too large. Berkshire is sitting on a large profit in the stock given that its cost basis is around $34 a share. Berkshire accumulated the stock largely between 2016 and 2018.Berkshire had held 905 million shares of the iPhone maker at year-end 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":252,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/334463630725360"}