Reported about 1 year ago
Warren Buffett's Berkshire Hathaway sold 116 million Apple shares, reducing the stake by 13% in the March quarter. Despite Apple still accounting for 40% of its portfolio, Buffett has trimmed the position for two consecutive quarters. Meanwhile, Buffett purchased shares of Berkshire Hathaway, which has a history of outperforming the S&P 500 index. Berkshire's book value per share has increased annually, demonstrating the stock's value over time. Buffett's confidence in Berkshire's intrinsic value and its diverse range of businesses make it a compelling investment.
Source: YAHOO