Legendary investor Warren Buffett says Berkshire Hathaway dumped a major technology stock too early after posting huge gains, detailing plans for when the company plans to buy the asset again.
In a new interview with CNBC TV, the billionaire He says He sold shares of tech giant Apple (AAPL) too early, although he doesn’t necessarily regret his decision because it netted his company a staggering $100 billion in profits.
(adinserter block=”1″)
“I sold (Apple) very early. But I bought it very early. I think we made over $100 billion on that pretext. I have no ability to predict what stocks will do next week or next month.”
I’ll buy it if it’s cheap, I’ll buy a lot of it if it’s cheap, and I think I understand the business, and Apple is still our largest single investment…it’s better than any company we own directly.
Buffett goes on to say that Berkshire Hathaway – which has more than $373 billion Cash on hand – Can continue to buy more AAPL if the price is right.
“I’m very happy because it’s our biggest holding. I wasn’t happy about it being as big as almost everything else… It’s not impossible for Apple to get to a price where we buy a lot of it. But not in this market. It’s not going to happen in this market.”
In 2024, buffet Sold 67% of the company’s stake in AAPL, with the company continuing to sell shares in the following year and early 2026. According to the previous ReportsAAPL makes up 22.6% of Berkshire Hathaway’s portfolio.
AAPL is valued at $255.92 at the time of writing.
Follow us on X, Facebook and cable
Never miss a beat – Subscribe Get email alerts delivered directly to your inbox
browse Hodel’s daily mix
 
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: mid-flight
