atans1

More on Buffett’s Apple buy

In Uncategorized on 18/05/2016 at 1:27 pm

It’s peanuts for starters, both fot Buffett and Apple.

According to the Wall Street Journal, Mr Buffett did not make the actual investment himself, meaning the order would have been placed by his stock-picking team Todd Combs and Ted Weschler. The paper says they are willing to invest in areas that Mr Buffett himself wouldn’t.

They are each thought to manage a $9bn portfolio and usually make the smaller investments, while Mr Buffett makes the big bets.

The Apple holding makes Berkshire Hathaway the 56th largest shareholder.

BBC

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