Comment on Almost Half of Warren Buffett-led Berkshire Hathaway's $365 Billion Portfolio Is Invested in Only 1 Stock

4realz@lemmy.world ⁨10⁩ ⁨months⁩ ago

• Windex007@lemmy.world ⁨10⁩ ⁨months⁩ ago

  His huge boner for Apple has to do with the obscene amount of cash they have on hand. I think his feeling is that they have the capacity to self-finance massive innovations without the need to issue/dilute stock.

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  • ikidd@lemmy.world ⁨10⁩ ⁨months⁩ ago

    They have the cash to immolate and outlast any competition, more like.

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    • trolololol@lemmy.world ⁨10⁩ ⁨months⁩ ago

      Ourlast outbid the competition

      Ftfy

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• phillaholic@lemm.ee ⁨10⁩ ⁨months⁩ ago

  He’s 93. He hasn’t gotten by on luck alone for the 82 years he’s been investing (Yes, he bought his first stock at 11). His essential strategy and advice are solid.

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  • OldWoodFrame@lemm.ee ⁨10⁩ ⁨months⁩ ago

    That’s the thing with odds though. In any random chance distribution of 100 people, there will be 1 ranked higher than the other 99. We as a society ignore the 99 and focus on the 1 “genius” but statistically someone was going to be in that spot. If he wasn’t lucky he just wouldn’t be famous.

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    • grayman@lemmy.world ⁨10⁩ ⁨months⁩ ago

      So you think it’s most likely random chance that this guy that’s literally a 1 in a 100M for wealth got rich?

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      • CoggyMcFee@lemmy.world ⁨10⁩ ⁨months⁩ ago

        If something has a 1 in 100M chance of happening to someone, you’d expect that about 80 people in the world now have had that thing happen to them.

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      • Knock_Knock_Lemmy_In@lemmy.world ⁨10⁩ ⁨months⁩ ago

        One guy has to be the world’s luckiest investor. It just so happens this guy is called Warren.

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  • Malek061@lemmy.world ⁨10⁩ ⁨months⁩ ago

    Most of that time was a bull market… never had to deal with the current financial landscape that’s built on a house of cards fake interest rate.

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    • Telodzrum@lemmy.world ⁨10⁩ ⁨months⁩ ago

      Holy shit, have a dumber take. Seriously, try.

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    • phillaholic@lemm.ee ⁨10⁩ ⁨months⁩ ago

      en.m.wikipedia.org/wiki/Black_Monday_(1987)

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• DecentralizeTheWorld@lemmy.whynotdrs.org ⁨10⁩ ⁨months⁩ ago

  Apple has their own hedge fund. So pretty much he’s letting Apple manage half his funds rather than do it themselves

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  • nightingale@lemmy.ca ⁨10⁩ ⁨months⁩ ago

    And half that hedge fund’s portfolio?

    Apple.

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    • sunbeam60@lemmy.one ⁨10⁩ ⁨months⁩ ago

      It’s Apple all the way down.

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    • milkjug@lemmy.wildfyre.dev ⁨10⁩ ⁨months⁩ ago

      Hotel? Trivago.

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