Why Warren Buffett Bought Apple In His Own Words

In 2016, Warren Buffett made what has turned out to be a very astute and well-timed investment decision. The Oracle of Omaha decided to invest $1 billion of Berkshire Hathaway’s capital on nearly 10 million worth of shares in Apple during the first quarter of the year. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. Buffett’s decision to take a stake in Apple came as somewhat of a surprise. Typically averse to tech stocks, Buffett made his first tech investment in 2011 when he made IBM a significant position…