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Prudent Capitalist

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Prudent Capitalist

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Tuesday, 02/14/2017 4:55:39 PM

Tuesday, February 14, 2017 4:55:39 PM

Post# of 147127
Warren Buffett loads up on Apple stock, and it may have made him $1.1 billion in 2017

4:26 pm ET February 14, 2017 (MarketWatch)

Warren Buffett loaded up on Apple Inc.'s stock (AAPL) during the fourth quarter. Buffett's investment arm Berkshire Hathaway Inc. (BRKA) disclosed in a filing that it owned 57.36 million shares of Apple as of Dec. 31, compared with a 15.23 million-share stake as of Sept. 30. The stock rose 2.5% during the fourth quarter, and 17% since then, while the Dow Jones Industrial Average has gained 3.8% year to date. If he still owns that stake, it would have made $1.1 billion on his investment since the start of the year

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