Locator: 49729BRK.
Tag: BRK, Warren Buffett, AAPL, Apple, GOOG, Google, Alphabet
See the original posting. Link here. In a sense, it was reported correctly but no one seems to have noted a bigger story here. I'll post that at the link later today.
This is indirectly related to what I will post later today:
And despite that healthy increase in cash-on-hand shares of BRK-B continued to fall, including falling another 1% (rounded) on Friday, two days ago. This was after the most recent "Form 13F" was released.
Okay, this is what I noted that I had not seen explicitly pointed out by mainstream analysts: BRK / Warren Buffett did not use new money to start a position in GOOG. BRK / Warren Buffett simply sold some AAPL (and perhaps other) shares and used that case start a position in GOOG. This is truly amazing. Keeping even more money in cash and not increasing his overall equity stake.
Right now, investors are overwhelmingly FEARFUL. Warren Buffett has always been said to buy when others are FEARFUL; sell when others are GREEDY. Apparently not now.