《Retirement of the God of Investing丨Reflecting on the Legendary Journey of Warren Buffett IV》Buffett’s Apple Investment Philosophy: From Avoiding Tech Stocks to His Largest Holding
- FOFA
- May 26
- 2 min read
I. Buffett’s Evolving Stance on Tech Stocks
🔹 Early Position (Before 2011):
“I don’t invest in businesses I don’t understand.” – Buffett avoided tech giants like Microsoft and Google.
Focused on traditional cash-flow industries such as insurance, consumer goods, and energy.
🔹 Turning Point (2016):
Under the influence of Charlie Munger, Buffett began buying Apple shares.
Key Shift in Perspective:
Viewed Apple as a “consumer company” rather than a tech company.
Valued its brand loyalty, pricing power, and the stickiness of its ecosystem.
II. Key Data on Buffett’s Apple Investment
📈 Evolution of Berkshire’s Apple Position:
Q1 2016: Initial purchase of 9.81 million shares (~$1 billion).
Q4 2023: Position grew to 915 million shares, representing 43% of Berkshire’s stock portfolio.
