Warren Buffett’s Berkshire Hathaway
dumped nearly half of its gigantic Apple
stake last quarter in a surprising move for the famously long-term-focused investor.
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153 sats \ 0 replies \ @Car 3 Aug
Kinda makes sense. https://www.fool.com/investing/2024/04/02/apples-lack-of-iphone-innovation-is-becoming-a-big/
It's never been easier for a small hacker startup to come for the big boys in tech. Innovation will come from these individuals not big tech.
Interestingly enough what Zuckerberg did was so massive for this to happen, he gets it. https://www.businessinsider.com/mark-zuckerberg-calls-out-apple-closed-model-restrictions-ai-2024-7
Leaving the garage door cracked open for hackers to come in and feast.
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32 sats \ 1 reply \ @TheBTCManual 3 Aug
Is he calling the top of this stock market rally or is he calling time on apple commanding a premium?
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0 sats \ 0 replies \ @Car 3 Aug
Apple
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121 sats \ 1 reply \ @zuspotirko 3 Aug
The more interesting question to me is what he's going to do with all those dollars. This isn't a small trade like 1/10th of BofA recently
Halving their entire Apple holding is big big money. Where are even places where one could place so much. Like genuinely, this is so much it's kinda shocking nobody noticed the immense selling pressure on Apple and some big buying pressure somewhere else.
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5 sats \ 0 replies \ @Car 3 Aug
Great point, new era for sure.
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21 sats \ 0 replies \ @Octopus 3 Aug outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.