Warren Buffett, stock
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At Berkshire Hathaway’s annual meeting earlier this year, Warren Buffett showed just how much of a fan he is of Apple’s CEO, Tim Cook. “Tim Cook has made Berkshire a lot more than I have made Berkshire,” Buffett said to laughter in the room. It was funny, but considering that Apple is Berkshire’s largest holding, I don’t think it was hyperbole.
The conglomerate sold Apple shares during the second quarter, though the iPhone maker remains Berkshire’s largest stockholding.
Warren Buffett’s Berkshire Hathaway resumed selling shares of Apple in the second quarter, offloading a stake worth more than $4bn as the billionaire investor continued to cut one of his most profitable trades.
The investment comes as UnitedHealth faces soaring medical costs, federal investigations, the fallout of the killing of a top executive and a cyberattack last year.
Warren Buffett's top 10 stock holdings in the Berkshire Hathaway portfolio shows a preference to several sectors.
The Oracle of Omaha sent two-thirds of his company's largest investment holding packing in favor of a 7.7% stake in a steadily growing, consumer-facing business.
Warren Buffett’s net worth makes him 28 times richer than Donald Trump thanks to decades of savvy investing and Berkshire Hathaway's growth.