Despite Berkshire Selling 605,000,000 Apple Shares, Buffett Still Says It's a 'Wonderful Company'

Last year Warren Buffett, the "Oracle of Omaha," fielded a question about the company's investment in Apple (AAPL). Despite selling nearly 605,000,000 shares to date, Buffett affirmed that Apple remains Berkshire's largest common stock holding. His explanation offered a window into his enduring investment philosophy: “Charlie [Munger, Buffett's late longtime business partner] and I look at common stocks or marketable equities as businesses.”

This perspective encapsulates Buffett’s approach to investing, one that prioritizes viewing stock purchases as acquiring pieces of businesses rather than engaging in market speculation. It’s a principle that has guided his stewardship of Berkshire Hathaway (BRK.A)(BRK.B) for decades and shaped a conglomerate valued at over $800 billion.