this post was submitted on 03 Aug 2024
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Apple

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[–] DMBFFF@lemmy.world 43 points 1 year ago* (last edited 1 year ago) (1 children)

comment from the page (by a Mark Fuller):

People need to remember that the stock is worthless until you sell it.

[–] HubertManne@moist.catsweat.com 18 points 1 year ago (1 children)

not if it pays dividends but that concept went out at the millenium

[–] chuckleslord@lemmy.world 7 points 1 year ago

Thinking like that doesn't make the most precipitous stock market since the roaring 20s. Gotta go bigger till the whole thing collapses!

[–] homesweethomeMrL@lemmy.world 28 points 1 year ago* (last edited 1 year ago) (2 children)

It was more than half of their portfolio? Dang.

At one point, Berkshire Hathaway’s stake in AAPL was around half of its entire portfolio.

[–] Beacon@fedia.io 2 points 1 year ago* (last edited 1 year ago) (1 children)

Where does the article say that?

[–] kevindqc@lemmy.world 18 points 1 year ago

At one point, Berkshire Hathaway’s stake in AAPL was around half of its entire portfolio.

[–] whotookkarl@lemmy.world 19 points 1 year ago

He's still alive?

[–] sunzu@kbin.run 13 points 1 year ago

Is this related to Friday dump?

Daddies taking profits and boomers holding the bags?

[–] umbrella@lemmy.ml 4 points 1 year ago (1 children)

which probably means you should too

[–] Ghostalmedia@lemmy.world 7 points 1 year ago (1 children)

Dude has $80B stored in Apple, so I doubt he thinks he’s going to lose money on Apple.

Seems more like he wants cash to invest in companies that have more growth potential.

[–] umbrella@lemmy.ml 4 points 1 year ago

and anyone who has investments should keep an eye on where hes going next!

[–] Nuke_the_whales@lemmy.world 4 points 1 year ago

This guy really went full pr and people for a while at least bought into his whole "good guy billionaire" act. Even all his charities are just there to funnel money to his kids and family who all run those

[–] UltraMagnus0001@lemmy.world 2 points 1 year ago

Man, I wonder if I should sell my Google stocks