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Path: ...!Xl.tags.giganews.com!local-4.nntp.ord.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail NNTP-Posting-Date: Sun, 04 Aug 2024 15:49:12 +0000 From: Tyrone <none@none.none> Newsgroups: comp.sys.mac.system,misc.phone.mobile.iphone Subject: Re: Warren Buffett summarily dumped 56 percent of his Apple stock holdings X-No-Archive: Yes References: <9c09edab773aa2cffaa032193d8a85c90c781ed9@i2pn2.org> MIME-Version: 1.0 Content-Type: text/plain; charset=utf-8; format=fixed Content-Transfer-Encoding: 8bit User-Agent: Usenapp for MacOS X-Usenapp: v1.27.4/l - Full License Message-ID: <O6qdnW7ERYZlPzL7nZ2dnZfqnPqdnZ2d@supernews.com> Date: Sun, 04 Aug 2024 15:49:12 +0000 Lines: 15 X-Trace: sv3-BSKvmrhn+maMMpeaAmZ3ProfythZdvLQ4WXao3JLAkfI0ctI5a7JcsVws+F8xrn/uWmG5grUM965Y84!wWEopZuDSB7HFwH0HqCtQmlt0FMtBlNey3IAqfPKH5UDa0UXTsTNfvS898O9IOjlV2B7ibfR9unU!+IRvK86dQ6Q= X-Complaints-To: www.supernews.com/docs/abuse.html X-DMCA-Complaints-To: www.supernews.com/docs/dmca.html X-Abuse-and-DMCA-Info: Please be sure to forward a copy of ALL headers X-Abuse-and-DMCA-Info: Otherwise we will be unable to process your complaint properly X-Postfilter: 1.3.40 Bytes: 1907 On Aug 4, 2024 at 10:59:26 AM EDT, "david" <this@is.invalid> wrote: > On Saturday, in a filing with the SEC, Warren Buffett revealed that he had > dumped almost half of his Apple stock. Earlier this year, the company sold > a smaller number of shares, bringing the total sold this year to more than > 500 million shares, representing 56 percent of Berkshire's total stake in > Apple. > > https://www.inc.com/jason-aten/6-words-explain-why-warren-buffett-just-dumped-half-of-his-160-billion-stake-in-apple.html He spent $40 billion on Apple stock over the years. He sold ALMOST half of that stock and pocketed $76 billion. That's a pretty good return on investment. Because Apple stock is currently at its all-time high.