Warren Buffett Wants A Bigger Bite Of Apple

Discussion in 'General Trading Discussion' started by longtermbull, Feb 22, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    Warren Buffett, the billionaire investor, has had a long-term dislike of technology shares although it would appear this is starting to fade. Filings in the last final quarter of 2016 cast a very interesting light on his Berkshire investment vehicle and his apparent switch from core long-term investments into Apple and airline companies.

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  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I still have my last 100 shares. I figured there was more upside here.
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Apple will surely need to find a way to spend its massive warchest at some point? I agree with you, once the froth is blown off the share price then it will be worth buying a few to tuck away for the future.
     
  4. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I'd like to see them make some wise acquisitions with some of that cash.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Aside from the Beats headset company I don't think they have really made any big acquisitions?
     
  6. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I think that's it - Beats... And I think they probably paid more for that than they should have... Oh well.
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    There is a real danger that Apple could get left behind unless it starts to invest/spend that massive war chest.
     

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