A Great Investor’s Greatest Mistake

By Jody Chudley Warren Buffett is 90 years old, and he recently scored the biggest home run of his investing career.
It might be the most profitable stock market investment ever made.
Between 2016 and 2018, Buffett’s company, Berkshire Hathaway (NYSE: BRK-B), bought $35 billion worth of Apple (Nasdaq: AAPL) .
The average split-adjusted share price was around $35, which means Buffett now holds 1 billion Apple shares.
In 2020, that investment has paid off big.
Apple’s share price recently crossed $120.
Currently, Berkshire’s stake in Apple is now worth more than $120 billion.
I don’t believe that anyone in world history has ever made that much money on one …read more

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