Selling Apple stock `probably a mistake`, admits Warren Buffett
(iMore iPhone)

BH is the largest Apple shareholder with a stake of about 5.4%. What you need to know Warren Buffett sold off some of his Apple stocks last year. In a recent company meeting he has now admitted this was `probably a mistake`. Billionaire investor and Berkshire Hathaway chief Warren Buffett has admitted selling off some of his Apple stock last year was `probably a mistake.` At the 2021 Berkshire Hathaway Annual Shareholders meeting this weekend, Buffet spoke about the decision to sell off around $11 billion worth of Apple stock in the fourth quarter. From Business Insider: `I sold some stock last year,` the famed investor said at Berkshire Hathaway`s annual meeting on Saturday. `That was probably a mistake.` The company is Apple`s largest shareholder with a stake of around 5.4%, and Apple is by far the biggest holding in the BH portfolio, the report notes it has tripled its money on a 2016 investment of $35 billion. Despite the sell-off it still holds more than $100 billion...