Legendary investor Warren Buffett has made a notable strategic change in his portfolio as he prepares to retire at the end of the year, selling a portion of his Apple shares, which had been a core position for many years.
The editorial office reports that Buffett's Berkshire Hathaway has acquired new shares worth $4.3 billion from Alphabet, Google's parent company, placing Alphabet among the top ten largest investments in the portfolio. Experts describe this move as the investor's “last major position change on the eve of retirement”.
According to information, the substantial amount invested in Alphabet is an unusual step that deviates from Buffett's traditional cautious strategy. The company sold 42 million Apple shares in the third quarter, generating approximately $11 billion in revenue, and its position in Apple has decreased to $61 billion.
Traditional companies continue to dominate Berkshire's portfolio. Corporations like American Express, Bank of America, and Coca-Cola remain key investment areas, with total sales reaching $184 billion over the last three years.
Market indicators show that Apple shares are expected to appreciate by approximately 12 percent by 2025, while Alphabet's are projected to rise by 45 percent. Analysts state that this dynamic makes Berkshire's timing of the Alphabet decision even more significant.