Own Big Stock Winners? Handle Them the Warren Buffett Way
Many regard Warren Buffett as the greatest investor of all time. The long-term track record of his insurance conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is nearly unparalleled, and few still alive have the breadth of experience that the 90-year-old Omaha native has about all things Wall Street.
Earlier this week, investors found out the latest moves that Buffett has made with Berkshire's stock portfolio. Once again, Berkshire revealed that its biggest holding by far was Apple (NASDAQ: AAPL), but the company made some modest moves in handling what's been a huge winner for the insurance company. Below, we'll look more closely at exactly how Buffett has managed his portfolio's biggest stock winner and what it can teach you in handling your own investments.
Berkshire first bought shares of Apple in early 2016. Buffett started with a modest position of about 39 million shares (adjusted for subsequent splits), which grew to 61 million the following quarter. By the end of 2016, the Berkshire CEO had 229 million shares of Apple.
Source Fool.com
