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People Say Buffett Doesn't Understand Tech, But He Made 3,400% On Something So Simple

Summary by 247wallst.com
In 2016, Warren Buffett made perhaps his most profitable investment of all time. His Berkshire Hathaway (NYSE:BRK-B) invested an initial $1 billion in iPhone maker Apple (NASDAQ:AAPL), later adding $39 billion to his hoard of AAPL stock. This investment has ballooned over the course of nearly a decade, as investors have certainly noticed. And with more than half of Berkshire’s portfolio consisting entirely of Apple stock, many had viewed the inv…

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  • 50% of the sources lean Left, 50% of the sources are Center
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BizToc broke the news in on Monday, March 24, 2025.
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