Steve Jobs before his death spoke with Warren Buffett about what to do with Apple’s extra cash on hand, but didn’t take his advice. Buffett suggested that Jobs buy back Apple stock but Jobs “just liked having the cash.
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Picking Buffett's brain happens a number of ways. Quarterly filed Form 13Fs allow investors to see which stocks he and his top advisors, Todd Combs and Ted Weschler, have been buying and selling. Likewise, Berkshire's quarterly operating results provide insight on whether Buffett and his team are net buyers or sellers of stocks.
Discover how Warren Buffett amassed his $150 billion net worth, and how the Berkshire Hathaway CEO spends his fortune.
Apple’s services revenue grew, but Buffett reduced his stake amid iPhone sale struggles. Read why AAPL stock may still be a solid long-term investment.
Did Warren Buffett snub Bank of America? The Berkshire Hathaway CEO extolled several of the company’s largest equity holdings in his annual shareholder letter released Saturday and omitted a mention of Bank of America,