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Buffett: “We made $100 billion” (Apple Stock) | Warren’s Greatest Hits Ep. 3

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Buffett:

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Time stamps:
0:00 – Buffett’s homerun on Apple
0:55 – Apple in 2016
1:45 – Clip: Even Cramer knew it was cheap!
2:15 – Uncertainty on iPhone sales
2:54 – Ted & Todd bought $AAPL first
3:40 – Buffett builds a huge position
4:18 – Buffett buying a tech stock? (Circle of competence)
6:01 – Clip: The most valuable real estate in the world
6:58 – Capital allocation/Buybacks
8:25 – The razorblade model
10:09 – Returns: Earnings growth, buybacks and multiple expansion
12:06 – The best investment ever?
12:43 – The future for Apple
13:55 – Final thoughts

Enjoy 🙂

Disclaimer:
I am not a financial adviser. This video is for education and entertainment purposes only. Seek professional help before making any investment decision.​

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