Why Warren Buffett is SELLING APPLE! #stockmarket #technology #apple #allinpodcast #investing
Ask about All-In Podcast
Episode Description
Full episode: https://youtu.be/snbTCWL6rxo
Follow the besties: https://twitter.com/chamath https://twitter.com/Jason https://twitter.com/DavidSacks https://twitter.com/friedberg
Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast
Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg
Intro Video Credit: https://twitter.com/TheZachEffect
Brief Summary
Warren Buffett's declining mentions of Apple signal potential challenges ahead for the company.
Key points
- Buffett's Apple Index. Warren Buffett's decreasing mentions of Apple signal potential trouble ahead.
Transcript
you can tell when Buffett has gotten disengaged with a company based on the number of times he mentions it in his annual letter this is the number of times Apple was mentioned he went from basically saying Apple was the absolute endall and Beall and it's gone from basically a bunch of times to almost none what's interesting about that is the last time that that happened was with drum roll Wells Fargo over 15 and 20 years Buffett built up a huge position until he realized that that company was not really one of his forever stocks and the number of times it was mentioned in his letter went to zero so I think this Buffet index is a really important one for Apple which is
it went from a forever holding that he said he would own forever to barely getting mentioned unfortunately it speaks for a very bad next 5 to 10 years for this company unless they figure something out
