This time is what % decline you want? I am not expecting decline like late 2018/early 2019 till AAPL is at least $330.
I am not looking for percent decline, but trying to buy at bottom 5% of the low point. It is hard to predict and that is what I want to do for margin of safety like the way I did for AMZN at $1650.
Yeah good luck.
Berkshire Hathaway dumped more than 750,000 shares of Apple in Q3
In Q2, Berkshire left unchanged its Apple stake, which remains the No. 1 stock in Buffettâs portfolio at 26% of assets, as per 13F filings tracked by Whalewisdom.com.
In Q2, total shares owned = 252.5 million. After Q3, 251.75 million AAPL shares.
Perhaps, his covered calls vs 750k got called away 
2 Likes
As per SEC rules, there are certain rules for those hold 5%+ and 10%+ stake in a company.
IIRC, above 5%, they have to declare buying/selling within 2 days to SEC. If it above 10%, they are high stake owners and they need to revise their income/balance sheets based on those company income/balance sheets. This is creating issues as they need to comply SEC rules which stress the Berkshire quarterly reports adjustment.
If he has reinvested dividends, his shares count (stake) may be increased above threshold 5% which he will reduce. If his stake reached above 5%, he will trim it below 5% asap.
Since AAPL buysback lot of shares, BRK would have reached above 5% from original holding+dividend reinvestments.
Same way, any marginal increase above 10%, he will sell it so that he does not need to get into SEC issues.
1 Like
However, Appleâs shares outstanding declined to 4,443,265,000 from 4,519,180,000 shares, so Berkshireâs ownership stake increased to 5.60% from 5.52%.
WB needs to sell more 
The value of the holding in Apple represented 26.0% of the total value of Berkshireâs equity holdings, which was $214.67 billion on Sept. 30, compared with 23.7% of the total on June 30.
1 Like
Why âyouâre not wrongâ to sell some Apple stock, but better to hold
Still, many analysts are advocating holding on to your Apple shares, given the companyâs solid performance. And while investors should keep an eye on things like iPhone and wearables demand, Guilfoyle and Hamman agree that cashing out all of your Apple stock at these highs may not be the best idea.
IMHO Should only cash out some above $330.
https://finance.yahoo.com/video/why-wedbushs-ives-sees-apple-230515540.html
Appleâs âcertainly one you want to keep for the long-term in your portfolio,â Hamman said.
1 Like
Allow me to show you the strategy of DCA buying a rock solid stock whenever there is a 7% decline works by implementing for AAPL. Starting price doesnât matter. The most critical element is you must have done your due diligence to ascertain the stock is that of a solid business and you are buying a broken stock, and not a broken company. Assuming you start buying at $225 and at each 7% decline in price, at today closing price of $267.10, the gain is 49.1% 
This is embarrassing, ytd return for my cloud portfolio is 43.3% 
Table below is the detailed computation:
3 Likes
Yes I understand DCA and AAPL.
Think this way. When I posted about TEVA it was around 9.5, in fact I bought around 6,2-7.0, now it is 10.7.
TEVA has so far been mispriced and gives better returns at this time !
I focus such stocks normally. There will be a time to act on AAPL and TSLA but not at ATH.
Acted. Bought some for my sonsâ accounts. End of last year/ start of this year, AAPL is dirt cheap. Didnât do any intrinsic value or margin of safety computations, obvious 
BTFD. Of course, also didnât listen to trash talks by a certain dragon boy in SF.
2 Likes
True, you must take your own decisions, same way I must act on my own decisions as our ultimate aim is to improve our returns.
In spite of repeated justifications, I am not changing my own decisions. There is no single solution that fits all.
I make progress on my own and my trusted resources. I repeat âThere will be a time to act on AAPL and I will do it, but not nowâ
1 Like
âThe problem we have is you have Samsung, itâs a great company, but itâs a competitor of Apple,â Trump said. âAnd itâs not fair because we have a trade deal, we made a great trade deal with South Korea. But we have to treat Apple in a somewhat similar basis as we treat Samsung.â
2 Likes
You know why? Apple is trying move all prod to your HQ - Austin !
Austin has semi, ops centers, UoT (ML), factory floor guys, CSS guys, ⌠need a lot of more component manufacturers to be there before Apple can manufacture MBPs and iOS devices. Meanwhile, as RE investors, we should get in toâŚ
Buy, buy, buy 
The problem is techies have $$$ 
to buy houses. So canât target them. Target the contractors/H1Bs and employees of support businesses. Might be a good place for flippers which I am not 
1 Like
Apple expanding in Austin just means Apple is too cheap to pay top money for top talents in Bay Area, and has to settle for 2nd or even 3rd rate people. 
Have you noticed how buggy the new iOS 13 is?
I turn a blind eye to such issues.
Software chief Federighi is overhauling development and testing of iOS 14 to make it easier to spot problems early.
ios 13 is buggyAF.
That success didnât carry over to this year. The initial version of iOS 13 was so buggy that Apple has had to rush out several patches. In the first two months of iOS 13, there have been eight updates, the most since 2012 when Federighi took over Appleâs iOS software engineering group. The company is currently testing another new version, iOS 13.3, and thereâs already a follow-up in the works for the spring.
