From CNBC: 2024-08-15 11:57:13

Warren Buffett now holds the same number of shares in Apple and Coca-Cola, detailing his equity holdings in a regulatory filing. Speculations arise about his intent to keep his Apple stake. Buffett’s long history with Coca-Cola and Apple is highlighted, showing his long-term investment strategy and commitment to both companies.

Buffett’s investment in consumer tech giant Apple contradicts his traditional value investing strategy. Despite this, he views Apple as a consumer products company like Coca-Cola rather than a tech investment. Berkshire’s significant sale of Apple stock is seen as a portfolio management move rather than a reflection of Apple’s future. Buffett’s comparison of Apple and Coca-Cola at the annual meeting hints at a long-term hold strategy.

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