USUALLY it is a good sign when Berkshire Hathaway, the investment vehicle of Warren Buffett, takes a stake in a firm. Berkshire's purchase of $1 billion of Apple shares, disclosed on May 16th, may be an exception, however. Mr Buffett typically likes firms that are mature. This is a label that Apple is desperate to avoid--especially since it reported a 13% fall in its sales in the quarter that ended in March, compared with the previous year. Mr Buffett is also famously, even proudly, ignorant abo...
USUALLY it is a good sign when Berkshire Hathaway, the investment vehicle of Warren Buffett, takes a stake in a firm. Berkshire's purchase of $1 billion of Apple shares, disclosed on May 16th, may be an exception, however. Mr Buffett typically likes firms that are mature. This is a label that Apple is desperate to avoid--especially since it reported a 13% fall in its sales in the quarter that ended in March, compared with the previous year. Mr Buffett is also famously, even proudly, ignorant abo...
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