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Billionaire Warren Buffett Sold 56% of Berkshire's Stake in Apple and Is Piling Into Wall Street's Most Prominent Reverse Stock Split of 2024

The Motley Fool

1, 2023 through June 30, 2024, Berkshire's stake in Apple declined by more than 515 million shares , or 56%, to precisely 400 million shares. Since initiating share repurchases in 2013, Apple has bought back $700.6 billion worth of its common stock and reduced its outstanding share count by 42.2%. with one exception.

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I Have a Lot of Money Invested and Never Have Any Idea What the Stock Market Is Doing. Here's Why

The Motley Fool

Despite the fact I have hundreds of thousands of dollars in the stock market, I have no idea what the market is doing at any given time -- nor do I want to know. ETFs are traded like stocks, but your money is pooled. I invest because doing so can help me to earn the kinds of returns I need to grow my wealth.

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53% of Warren Buffett's $309 Billion Portfolio Is Invested in These 3 Unstoppable Stocks

The Motley Fool

During Berkshire Hathaway's annual shareholder meeting in May, Buffett suggested that corporate tax rates were liable to increase in the future, and hinted at this thesis as his reasoning for selling a significant stake in Apple. I'd be remiss if I didn't also mention Apple's market-leading share repurchase program.

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3 High-Yield Dividend Growth Stocks to Buy in December and Hold for a Decade or Longer

The Motley Fool

It's been a great couple of years for the stock market. During this bull run, stock prices have bounded forward much further than earnings from their underlying businesses. AbbVie is one of the more attractive dividend-paying stocks in the pharmaceutical industry, with a 3.6% At recent prices, the stock offers a 3.6%

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62% of Warren Buffett's $314 Billion Portfolio Is Invested in These 4 Unstoppable Stocks

The Motley Fool

of invested assets) As has been the case for many years , tech stock Apple (NASDAQ: AAPL) remains Berkshire's top holding. However, the Oracle of Omaha and his team have dumped a significant percentage of their company's stake in Apple over the prior three quarters. global economy or the stock market. Apple: $90.42

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64% of Warren Buffett's $371 Billion Portfolio Is Invested in Just 3 Stocks

The Motley Fool

Lengthy books have been written that discuss some of his favorite investing philosophies, such as buying stakes in brand-name businesses with sustainable moats and holding these positions for lengthy periods. And if these top ideas generate sizable returns, Berkshire Hathaway's stock is likely headed even higher. economy and investing.

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Better Berkshire Hathaway Stock: Visa vs. Chubb Limited

The Motley Fool

That's why it was alarming when Berkshire started selling a lot of stocks -- including half of its stake in Apple and all of its shares of HP and Snowflake -- during the past year. Visa faces macro and antitrust challenges Berkshire started to buy Visa's stock in the third quarter of 2011. billion stake accounts for 0.7%