This Is Why I Will Never Quit Blogging -- August 11, 2023

Locator: 45425AAPL.

I'm really not interested in "doing" this post, because I won't do it justice, but readers, being as smart as they are, will figure out what I'm trying to say.

First, we start with two simple questions and two simple answers.

For investors.

For the mainstream media.

For young business journalists that don't know much about investing except what they read in books.

Q & A:

• What does Warren Buffett make? Money.

• What does Tim Cook make? iPhones.

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Factoids

Warren Buffett is the oracle of Omaha, the darling of Wall Street, the hero for many mom-and-pop investors.

Tim Cook: not so much. 

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Discussion

I will never convince anyone of this, but when looking at the whole enchilada, as we say down here in Texas, AAPL is a much, much, much better investment than BRK for the investor with a long horizon, say 30 years. I would have said the but grammatically that might not have been correct.

Warren Buffett would probably agree. In the last few years, Warren Buffett has  bought a whole lot more AAPL stock than he has purchased / bought back his own BKR stock. If BRK was/were such a great investment for the long term, he would be re-purchasing / buying back more BRK stock and buying less AAPL (or selling off what he has of AAPL to buy more BRK). Wow, what a grammatically-messing paragraph but you get the point.

But I digress.

Back to the two questions.

• What does Warren Buffett make? Money.

• What does Tim Cook make? iPhones.

People understand "money" and they love to see how much how money Warren Buffett is making and that drives them to buy more BKR -- which is now sitting at all time-highs and keeps growing.

Meanwhile, when the headlines roared that iPhones sales were off for Apple this last quarter, folks panicked, sold out, and watched AAPL drop from $195 to $175 almost overnight. [Wow, did I take advantage of that! But I digress.]

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iPhones

Over at sites where folks talk about iPhones, the big news right now -- and I kid you not -- is this: where Apple is going to "move" the "END CALL" icon on the iPhone. 

Some young journalist wrote a whole article on that and was concerned that iPhone users would not be able to adjust. OMG.

• What does Warren Buffett make? Money.

• What does Tim Cook make? iPhones.

LOL.

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The Insanity

These were all headline stories at NBC, CBS, and ABC two days ago: Apple is moving the "END CALL" button on the iPhone. To a more-ergonomically-friendly location.

Screenshots:

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Q & A

What does Warren Buffett make? Money.

What does Tim Cook make? iPhones.