If not for Charlie Munger's belief in not missing out on technology stocks, I believe the only reason Buffet bought Apple at the time was because it was cheap, had a strong brand and moat. Now that Charlie has passed, Buffet's sales shows he thinks it's valued and he is scared that the Magnificent 7 may collapse a la dotcom bubble.
Despite all the hype about AI, I doubt Buffet uses technology much, preferring traditional businesses.
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