It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Berkshire flogs off Apple and Oracle shares Berkshire flogs off Apple and Oracle shares
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Berkshire flogs off Apple and Oracle shares
Reply
 
Thread Tools
Old 18th February 2019, 08:26   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 153,541
Stefan Mileschin Freshly Registered
Default Berkshire flogs off Apple and Oracle shares

Buys a nice red hat instead

Warren Buffett’s Berkshire Hathaway has trimmed its stake in iPhone maker Apple in a sign that the shine has come off the fruity cargo cult.

Apparently, he spent the cash on a nice Red Hat which is probably about what the share is worth these days. Buffett also shed a $2.13 billion stake in database software company Oracle after having first disclosed it in November.

Berkshire owned some stocks for decades so it is rare to walk away from any investment so fast.

The changes were disclosed in a Thursday regulatory filing detailing Berkshire’s US-listed stock portfolio in December which shrank $38 billion in the quarter to $183.1 billion amid a broad selloff in stocks.

Berkshire said in the filing that its Apple stake shrank to 249.6 million shares in the quarter from 252.5 million, reducing its reported stake to below $40 billion as Apple’s share price slid 30 percent.

https://fudzilla.com/news/48151-berk...-oracle-shares
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Shares fall as Apple warns on sales Stefan Mileschin WebNews 0 2nd November 2018 14:20
Apple shares tank as world realises iPhone X will be late Stefan Mileschin WebNews 0 27th September 2017 18:21
Apple suppliers’ shares hammered after IPhoneX launch Stefan Mileschin WebNews 0 16th September 2017 07:26
Jane Fonda flogs Apple holy relics Stefan Mileschin WebNews 0 3rd September 2016 20:09
Apple fanboy sells his shares in China Crisis Stefan Mileschin WebNews 0 30th April 2016 10:52
Apple shares continue to tank Stefan Mileschin WebNews 0 6th January 2016 09:19
Apple shakes up shares Stefan Mileschin WebNews 0 25th April 2014 07:39
Google apologises for advising Apple shares as sell Stefan Mileschin WebNews 0 3rd January 2013 08:15
Apple shares slide another six percent Stefan Mileschin WebNews 0 7th December 2012 07:09
Apple shares start to slide Stefan Mileschin WebNews 0 9th November 2012 07:30

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 06:48.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
SEO by vBSEO