Warren Buffett has dominated news headlines the last couple of days following Berkshire Hathaway’s (BRK.A) annual shareholders meeting.
The biggest news to come from the meeting was the big bet the firm made during the first quarter on tech titan Apple (AAPL). While others see potential weakness in the company for fear of slowing iPhone sales, Buffett sees a fantastic company that was worth buying an additional 75 million shares in addition to its previous 165 million shares, and stated that he would like to own 100% of the company.
Buffett is the most legendary of all investors, with a rabid following that track his every move in hopes of duplicating the investing success that he has enjoyed over the years. His moves are so respected that his Apple announcement pushed the stock to a new record high.
Buffett is a long term investor with a very impressive track record, so it is understandable why some traders try to replicate and copy his every move. For investors that like to invest based on which stocks Buffett believes in, let’s take a look at how his largest positions have fared so far in 2018.