> Warren Buffett Blog: November 2017

Monday, November 27, 2017

Berkshire bets on Apple


Warren Buffett has been gradually increasing his firm’s position in Apple since 2016. In Q3 2017, Apple represented nearly 11.6% of the firm’s portfolio. Berkshire added 3.9 million shares in Apple in Q3 2017.

Berkshire Hathaway is the fifth largest investor in Apple with 134 million shares. Vanguard Group was the largest investor in Apple with 344.5 million shares. Apple is the third largest holding in Berkshire Hathaway’s portfolio.

Tuesday, November 7, 2017

Bitcoin could implode says Warren Buffett

Warren Buffett is not a fan of Bitcoin. In a recent interview with Marketwatch he sounded bearish on Bitcoin as an investment,
"You can’t value bitcoin because it’s not a value-producing asset."
"It doesn't make sense. This thing is not regulated. It's not under control. It's not under the supervision [of] any...United States Federal Reserve or any other central bank. I don't believe in this whole thing at all. I think it's going to implode."