By Karim Rahemtulla Warren Buffett is arguably the most successful investor of our time. But lately, people have been doubting the wisdom of the Oracle of Omaha.
He took a bath in airline shares, selling when they collapsed at the outset of the coronavirus pandemic. Then his bank stocks took a dive when interest rates plunged and bad debt reserves soared thanks to the huge spike in unemployment.
But what investors have forgotten is that his biggest position by far, Apple, is about to break the $2 trillion valuation. That’s definitely not peanuts when you own 250 million shares and counting. So when he made …read more
