Re: Warren Buffett summarily dumped 56 percent of his Apple stock holdings

On Aug 4, 2024 at 10:59:26 AM EDT, "david" <this@is.invalid> wrote:

On Saturday, in a filing with the SEC, Warren Buffett revealed that he had
dumped almost half of his Apple stock. Earlier this year, the company sold
a smaller number of shares, bringing the total sold this year to more than
500 million shares, representing 56 percent of Berkshire's total stake in
Apple.
 
https://www.inc.com/jason-aten/6-words-explain-why-warren-buffett-just-dumped-half-of-his-160-billion-stake-in-apple.html

He spent $40 billion on Apple stock over the years. He sold ALMOST half of
that stock and pocketed $76 billion.

That's a pretty good return on investment. Because Apple stock is currently at
its all-time high.