Warren Buffett's Berkshire Hathaway (BRK-B, BRK-A) trimmed its stake in Apple (AAPL) by over 50% at the beginning of August. Berkshire Hathaway shareholder...
. Berkshire Hathaway shareholder and Scharf Investments managing director Eric Lynch joins Market Domination to discuss the move and what the firm may do with the cash.
Should we as investors read any anything into that in, in terms of what the oracle thinks about what's ahead for the economy and for the markets.I think what it really is more is a testament to a couple of things.He wants more upside, very limited downside.It hasn't moved its sales and its operating income level and the aggregate in almost three years.
Final question, Eric, you know, as a shareholder, I want to just get your take what you make of Greg Abel, uh Mr Buffett's successor.You know, that says a lot as I sit here in Silicon Valley and, you know, all my neighbors are, are given a lot of stock options that, you know, they don't necessarily have to pay for.Uh So, yeah, I think this is a gentleman who uh is, you know, inculcated in the Berkshire Way has been there a long time.
Olympic champion and Women's British Open winner Lydia Ko says recent success hasn’t changed her mind about retiring from professional golf before she turns 30. The 27-year-old Ko told Radio New Zealand that her victories in Paris and at St. Andrews would not influence her long-held plan go out on top and pursue other interests. “I know for a fact I’m probably never playing past 30,” the New Zealander said.
A former police detective was arrested by a SWAT team Wednesday after being accused of grooming an underage girl, forcing her into a years-long abusive relationship then murdering her when she became pregnant.Matthew Farwell could face the federal death penalty if found guilty of strangling Sandra Birchmore to death to cover up his abuse.Birchmore was 23 and three months pregnant when she was found dead in her Canton, Massachusetts apartment in February 2021.
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