Will Warren Buffett Own a Virtual Reality Stock in 2023?
One of the more interesting places to look for investing ideas is the list of companies owned by Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Its longtime CEO Warren Buffett is famous for his investing acumen, making Berkshire's portfolio a fascinating look into the mind of one of the world's greatest investors.
Buffett has a reputation for sticking within his circle of competence. Insurance companies and railroads are more commonly associated with Buffett than emerging technology. However, if the rumors are to be believed, there's a chance that Buffett may find himself as the owner of a virtual reality business before the end of 2023.
While anything is possible, if the Berkshire portfolio ends up owning a virtual reality company, it's mostly likely to be because of Apple (NASDAQ: AAPL). While it's commonly believed that it was one of Buffett's lieutenants at Berkshire who first took a stake in the consumer tech giant, Buffett has been effusive in his praise of Apple and its CEO Tim Cook. Over the years, Apple has grown to become Berkshire's largest holding.
Source Fool.com
