Stock price when the opinion was issued
Warren Buffet, in his annual letter, said that when he retires, he will just buy the S&P 500. This is not bad to hold in a taxable account, because this will compound and does not pay a dividend (so no taxes on that). He likes Berkshire, but won't be that different from owning the broad U.S. market.
We all knew Buffett would retire, but the announcement itself was unexpected. His successor is very well known. AAPL is a very big position, so potential headwinds with tariffs. Well run, defensive. Market rally since April has been more on the super-growth areas. Still a solid, long-term hold.
Likes it. Smartest people in the room, as they were raising cash before the markets went down earlier this year. Buffett's leaving, but has built a pretty deep bench. If it never did another deal, its many legacy brands are really great producers. Doesn't pay a distribution, but owns a bunch of really-high-cashflowing businesses.
Investment portfolio consisting of public stocks and private companies. His firm really likes private equity. Stock dipped when handover to new CEO was announced, but nothing else has changed. That's why he likes the stock now. Greg Abel's been there since 2011 under Buffett's tutelage, so it should be smooth sailing. He sees a parallel with AAPL, when Tim Cook took over from Steve Jobs.
Doesn't pay a dividend, but will generate a quarter billion dollars in dividends alone this year, which get reinvested back into the business. That's pretty decent growth right there.
Saturday sees the latest results. Enough with the negativity. BRK holds amazing properties, even if Warren Buffet is stepping back as CEO. If they have a good quarter, the stock will run.