Apple is In, IBM Is Out

(May 6, 2017) Warren Buffett analyzes the differences between two names he’s bought for Berkshire Hathaway’s portfolio that are often seen as technology companies, an area he used to avoid.

Advertisements

Warren Buffett Bites into Apple

(May 6, 2017) Despite IBM’s modestly disappointing performance, Buffett has been making enormous purchases of Apple stock. Around the time of this meeting, Berkshire owns almost $19 billion worth of the company’s shares. Buffett, however, isn’t ready to label it as purely a “tech” stock.

Was IBM a Mistake That Warren Buffett Make?

(February 29, 2016) Almost five years after diving into IBM, the stock has dropped significantly. (At the end of 2015, Berkshire’s position are down about $2.6 billion in market value.) On CNBC’s “Squawk Box” in February, 2016, Buffett concedes he might have made a mistake.

2013 Berkshire Hathaway Annual Meeting

Warren Buffett recounts how Berkshire partnered with 3G Capital’s Jorge Paulo Lemann to make their $23B acquisition of Heinz. He is also challenged about why GEICO is not copying Progressive’s use of technology that tracks driver behavior, defends buying newspapers after previously saying the industry was dying, and gives credit to President George W. Bush... Continue Reading →

Change Hinders the Predictability of Business

(May 6, 1996) Warren Buffett and Charlie Munger said that they cannot predict the futures of the technology business because of the rapidly technological advancement. Since they cannot predict the future of those businesses, they stay away until they understand the business.

Blog at WordPress.com.

Up ↑