Warren Buffett explains why Berkshire reduced its big Apple stake

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Published 2024-05-04
Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Watch the full coverage of Berkshire Hathaway annual shareholders meeting on www.cnbc.com/.

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All Comments (21)
  • I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
  • @Parzen753
    As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, it’s important to do your own research.
  • @hullbruce
    Stop with the clickbait titles. I used to love the unbiased videos on whats really going on in the market. Crash fatigue is showing with most folks. My $200,000 holdings are down 7% after selling some APPL. This video leaves me some serious concern.
  • @geraldt331
    To enhance our long-term investment mix, my partner and I are introducing a range of stocks and ETFs. We've committed $220k initially, with a particular emphasis on inflation-protected bonds and businesses demonstrating robust cash flows. I see potential for enduring growth in the current market, yet I'm also keen to explore strategies for generating short-term gains.
  • @victoriaabott
    This will definitely hit apple negatively, market so unpredictable at the moment, Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
  • @jose2212-
    I watched the entire annual meeting of Berkshire Hathaway on tape. His position has been shifting since he started investing, and he's still in the game, which impressed me. I started following Buffett in 2019, and since then, I've learned a great deal from his approach to investing, which has allowed me to generate $20K in dividend income each month.
  • @A_francis
    I’ve had majority of my holdings in tech stocks making about 65% of my $800k portfolio and I've done pretty well, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?
  • @Jayj0214
    For all of you saying he sounds frail or or rambling …keep in mind his 93 years old …Not many can stand up to a live interview and talk the way he is doing at 93 …there is wisdom in his speech
  • @eliseduffyfxx
    I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.
  • @DonkeyLancaster
    If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you... prevent inflation
  • I am an active duty service member and I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.
  • I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
  • @InvestorCenter
    This meeting is the Super Bowl for those of us that love investing
  • @Skaahn
    Warren looks and sounds down, likely missing Charlie
  • @drwho9437
    Translation: I am selling Apple now to pay lower taxes on the gains I have made. I will be buying more shares back later when it isn't a wash sale. I expect the US gov to raise taxes on gains to cover the increasing fiscal debt. In the past they have been more than 50% right now they are only 21%.
  • @AnkurVarsheny
    This annual meeting didn't feel like any before without Charlie.
  • @namokim
    Conclusion: WB wanted to increase his cash position. One reason is gains tax at 21% is relatively low this year, and it could go up in the future. WB said at one point in the past, it was 52%. So, he sold some portions of his largest investment, Apple.
  • @ChadLujan
    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.