Buffett: I sold Apple too soon - I'd buy more at the right price
Buffett: I sold Apple too soon - I'd buy more at the right price
Buffett says he sold Apple too soon but would buy more if the price is right, as Apple rides a year-long gain while Berkshire's top holding navigates market turmoil.
Billionaire investor Warren Buffett says he sold Apple shares a little too soon, but he wouldn't rule out buying more if the price becomes right. In a CNBC interview with Becky Quick, Buffett acknowledged that he sold Apple earlier than ideal and that he had bought it even earlier, framing his past moves as part of a long-term bet on the tech giant.
Buffett added that while it's not the moment to load up in this market, it's not impossible that Apple could hit a price where Berkshire would buy a lot more.
Apple remains Berkshire Hathaway's largest single holding, though the stake was trimmed to $61.96 billion at the end of last year.
Apple's stock has been on a run, gaining about 13.71% over the past year. In the last Nasdaq session it jumped 2.90% to settle at $253.79. The company's market capitalization sits near $3.73 trillion as investors weigh the tech giant's trajectory against broader market turmoil.
Buffett's remarks illustrate a patient, price-conscious approach to investing: he is open to big buys, but only when the price and conditions align. The broader market continues to swing, and Berkshire's leader remains focused on long-term value rather than quick moves.
