Diversify? Almost half of Warren Buffett’s Berkshire Hathaway portfolio comprises a single stock
Posted on AllSides July 7th, 2020
From The Center
Warren Buffett once said that “diversification is protection against ignorance. It makes little sense if you know what you are doing.” The takeaway: Load up on what you know.
Even if it’s a tech stock, apparently.
A recent peek into Buffett’s Berkshire Hathaway BRK.A, -0.87% BRK.B, -0.85% $214-billion portfolio underscores that the Oracle of Omaha is following his own advice, considering how much stock Berkshire has accumulated in Apple AAPL, -0.31% .
Buffett, thanks to Apple’s stellar run, now owns more than $91 billion worth of the iPhone maker, which...
