alt Hacker NewsBerkshire's investment in Apple is responsible for ~50% of its portfolio success in the last 20 years.
The rest is insurance.
Respect to the man for running an operation for 60 years. That's a helluva feat that deserves a lot of admiration.
Still surprised at HN's glazing of someone whose life's mission was to make a number go up and to the right via insurance packages.
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Buffett's restraint was legendary and his transparency even more so.
Bill Gates also initially dismissed him, thinking he had nothing to learn.
General Electric also tried to "make a number go up" and effed up the insurance part despite having Buffett as a model and putting 10,000 people through their custom management training facility every year.
Raise a glass to the man and read his letters.
> Berkshire's investment in Apple is responsible for ~50% of its portfolio success in the last 20 years.
And by all accounts, that investment was suggested by his son. He famously said that he didn't understand technology enough to invest in it.
Did Berkshire investing in Apple shares help Apple achieve success?
Also bought $4.3 billion of Google in November. That’s tiny compared to what their Apple investment was, but their days of ignoring tech stocks seem to be over.
https://www.cnbc.com/2025/11/14/warren-buffetts-berkshire-ha...