If they only make 50 bets, isn't each one substantial by some definition? It's c... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

cloudwalking on May 16, 2016 | parent | context | favorite | on: Warren Buffett's Berkshire Hathaway Takes $1B Posi...

If they only make 50 bets, isn't each one substantial by some definition? It's certainly not a scattershot approach.

jonknee on May 16, 2016 [–]

It depends on the size of the bet, .83% of the portfolio isn't substantial in any way (if AAPL went to 0 tomorrow it would barely budge Berkshire's portfolio). In comparison their Wells Fargo stake is 23x the size of Apple's.

http://whalewisdom.com/filer/berkshire-hathaway-inc#/tabhold...

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact