“Bajiute” turn over! “God of stocks” Warren Buffett made a Baidu with apple

In the first half of 2020, due to repeated failures in the stock market, Buffett was ridiculed as “bajiute” by netizens. Now, Mr. Buffett has proved that he is “not old” with his actions. He has successfully made more than 200 billion yuan with his heavy position in apple. On August 20, apple closed up 2.22% to $473.10, with a market value of $2.02 trillion, making it the first U.S. stock with a market value exceeding $2 trillion. < p > < p > as one of the four big positions, Mr. Buffett also made a good comeback with apple. According to Apple’s 2020 interim report, Buffett’s Berkshire Hathaway has 245155600 shares, accounting for 5.72%. Apple’s share price has risen 62.44% year-on-year as of the end of the 20th, and its market value has increased by about $706.1 billion since the beginning of the year. Roughly speaking, Mr. Buffett made about $40.4 billion this year just by holding apple. < p > < p > moreover, after a huge loss of nearly $50 billion in the first quarter, Berkshire Hathaway released a report showing that the company’s operating income in the second quarter was $5.513 billion, down 10% year-on-year; however, after taking into account investment and other income, the net profit attributable to shareholders of Listed Companies in the second quarter reached 26.295 billion US dollars, an increase of 86.8% year-on-year. As of June 30, Berkshire Hathaway’s stock investment was $96.063 billion, with a market value of $207.454 billion, up 14.75% from 180.782 billion at the end of the first quarter. Among the four major positions of Mr. Buffett, American Express has a market value of 14.4 billion US dollars, Apple has a market value of 91.5 billion US dollars, Bank of America has a market value of 22.6 billion US dollars, and Coca Cola has a market value of 17.9 billion US dollars, accounting for about 71% of his portfolio. Berkshire Hathaway bought 976000 shares of Delta Airlines at an average price of $46.40 when U.S. stocks began to plummet on February 27. In early April, Mr. Buffett sold 12.9862 million shares of Delta Airlines in the price range of 22.96-26.04 U.S. dollars per share through six reduction transactions, about $314 million. If the investment is calculated at the average selling price of $24, Mr. Buffett will lose nearly 50%. On March 3, Berkshire Hathaway increased its holdings in New York Mellon bank, holding 89 million shares of New York Mellon bank. From April 7 to 8, Berkshire Hathaway reduced 869100 shares of Bank of New York Mellon at a price of $35.3-35.8, reducing its shareholding ratio to less than 10%. Based on the average price, the reduced shares are worth about $30.9 million. Roughly, the sale lost about $3.6 million. < / P > < p > this time, relying on apple, the festival is saved. Only ten years ago, Buffett would not have thought that it was “incomprehensible” technology stocks to maintain their “God of stocks” status. In April 2010, in an interview with the media, Mr. Buffett said that he did not invest in technology companies because it was not his own advantage. “I may not be in the top 1000 or the top 10000 in the world for people who know the most about technology companies.” However, who can escape the “line year” in his life, Mr. Buffett gave up the consistent principle of “not investing in technology stocks” and established positions in IBM and Intel successively. < / P > < p > in 2016, Mr. Buffett began to build a position in Apple stock, initially bought about 10 million shares, and then increased his holdings in apple for many times. It was not until the fourth quarter of 2018 that he began to reduce his small-scale positions in succession. < p > < p > Apple’s performance also testifies to Buffett’s judgment. In 2018, its market value exceeded one trillion US dollars. Now it only takes two years, and the market value exceeds two trillion US dollars. “This is probably the best company I know in the world.” “I don’t think apple is a stock, I think it’s our third largest business,” he said in an interview in February In the second quarter, Berkshire Hathaway’s position was released in the second quarter, and the only stock newly established was Barrick gold, the world’s second largest gold mining producer. As of the end of the second quarter, it held 20.9 million shares with a market value of $563.5 million, making Berkshire Hathaway the 11th largest shareholder of Barrick gold. Previously, Mr. Buffett had been holding negative comments on gold investment, believing that gold and other precious metals were unproductive assets. Now it’s time to invest. < p > < p > this year, Mr. Buffett is already 90 years old. He is used to the big waves of bull bear conversion, and has been ridiculed for copying the bottom of the bottom many times on the hillside. Playing in the stock market, no one is an ever victorious general. Looking at the investment performance over the years, it is enough to prove that Balao can afford the title of “God of shares”.