Warren Buffett, the renowned investor and chairman of Berkshire Hathaway, celebrated his 93rd birthday on Aug. 30. Throughout his lengthy career, he has adhered steadfastly to a value investing strategy that bears some resemblance to the"buy and hold" approach often associated with cryptocurrencies.
An interesting example of this approach is Berkshire Hathaway's largest holding, Apple shares. The company initially acquired these shares in early 2016 when the company was already valued at over $500 billion, so they were far from being early investors. Notably, Berkshire Hathaway continued to add to its AAPL investment in 2022, even though the stock had rallied over 500% since their initial purchase.
To compare the performance of Berkshire Hathaway's stock holdings to Bitcoin, considering Buffett's focus on earnings and yield, which is fundamentally different from the characteristics of commodities like gold or Bitcoin, we calculated Berkshire Hathaway's stock performance using a factor of 3 to simulate a leveraged position.
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