But Bill Brewster — a Berkshire shareholder who runs Sullimar Capital Group and cohosts the "Value: After Hours" podcast — told Business Insider this week that the famed investor remains as sharp as ever.
"The criticism is laughable," he said. "Buffett made one of the best investments ever when he bought Apple." Berkshire shelled out about $35 billion to amass 245 million of the iPhone maker's shares between 2016 and 2018. Apple stock has soared since then, boosting the value of Berkshire's stake to north of $90 billion today — a gain of more than $55 billion."It's nearly impossible to put that kind of money to work," he said, especially in "one of the most well-known companies in the world at a time many others were scared.
Berkshire has made several significant moves in recent weeks, undercutting claims that Buffett has lost his touch.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Well.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside TikTok star Dixie D'Amelio's music business, making 'Be Happy' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. TikTok is a China spy app!!! Don't use it. BanTiktok You dont need major record label nowadays.. You can literally record it at home, and as long as you have the croud just like she did, the song will be doing well
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the life and career of Robert Mercer, a former Trump mega donor - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Publicly absent. Mr. Mercer should pay his taxes instead of throwing money at politicians. seen Trump's true colors for what he really is
Source: BusinessInsider - 🏆 729. / 51 Read more »
Ranked: Porsche Cayenne Coupe, 911 Turbo 4S, 718 Spyder, and more - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to watch Facebook, Google, Amazon, and Apple's antitrust hearing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The congressmen are busy with this right now. SidAntommarchi Well for once it would be nice if the grill was turned up to its' highest scorching level, and the grillers actually demonstrated they'd read & understood every word of the instruction manuals about this mostly really creepy crew.🔥🔥🕸️🕷️ Lobbying by the numbers: Amazon: $16.1 million (2019) Apple: $7.4 million (2019) Google: $11.8 million (2019) Facebook: $16.7million (2019) The only thing that will be grilled are the apology filet mignons and lobster tails after the hearing.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Big Tech antitrust hearing: Apple to defend App Store - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »