A Systematic Approach: How Dimensional’s Global Targeted Value Selects
Stocks
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The Dimensional Global Targeted Value is one of the funds that are
available for investment if you have an adviser that can recommend
Dimensional funds. ...
2 hours ago
Buffett buying more shares from Apple!
ReplyDeleteTalk up market
DeleteSee tech chiong last night in US
Learning / knowing is different from doing ;)
ReplyDeleteHe doesn't mind sitting thru yet another 50+% decline in his portfolio as long as the companies continue to make profits & innovate.
He believes in accumulating cash/treasuries if nothing good to buy ... But he won't sell to avoid an oncoming bear market. :)
One of his secrets is that he doesn't need to depend on his portfolio for living expenses. LOL!!
The main reason he bought Apple was that he recognized it as a cash-gushing premium consumer lifestyle business (like Sony in the 1980s). He understands the psyche of consumers & branding moats. Not so much about technology.
Apple closes at a record after Buffett purchase revelation
DeleteApple briefly surpassed its previous high of $183.50 Friday.
The stock was pushed higher by news that Warren Buffett's Berkshire Hathaway had bought 75 million shares in the first quarter.
Apple CEO Tim Cook said the company is "thrilled" to have Buffett and Berkshire as a major investor.