Warren Buffett said he sold Apple too soon and would buy more of it, though not in the current market. “I sold it too soon. But, I bought it even sooner, so,” Buffett told CNBC’s Becky Quick in an interview Tuesday on “Squawk Box″ in which he announced he’s bringing back his famed charity lunch.
Apple remains Berkshire Hathaway’s largest holding even after the conglomerate trimmed its stake to $61.96 billion at the end of last year, according to InsiderScore. However, Buffett said Tuesday that he would continue to add to the position if it gets cheaper. He said the iPhone maker is not yet attractive even after falling more than 14% off its recent high, and dropping more than 6% this month. That’s amid turmoil in the broader market, with both the Dow Jones Industrial Average and the Nasdaq Composite in a correction.
Are there any stocks you felt you sold too soon?
Warren Buffett says he sold Apple too soon and would buy more of it, though not in this market
byu/WickedSensitiveCrew instocks
Posted by WickedSensitiveCrew
4 Comments
Apple is a value stock now until Tim Cook is replaced as CEO and they have a new vision which includes AI at the forefront!
Sold Google at $160 back when the FTC was threatening the Chrome split. Had to pay taxes and buy back in at $195. Bleh.
Duh, it doesn’t take much to look at share price when sold and share price today and come to this conclusion.
It also doesn’t take much to say I would buy more but cheaper than today/this market
Hindsight is 20/20
Then which market ? China?