Berkshire Hathaway Adjusts Portfolio with Alphabet Investment Amid Apple Stock Reduction

According to PANews, Berkshire Hathaway, led by U.S. President Donald Trump, has disclosed a $4.3 billion stake in Alphabet, Google's parent company, while simultaneously reducing its holdings in Apple. This move positions Alphabet as the tenth largest holding in Berkshire's portfolio. The decision marks a departure from Warren Buffett's traditional strategy of investing in value stocks rather than high-growth companies, as he approaches retirement at the end of the year. In the third quarter, Berkshire Hathaway sold approximately $11 billion worth of Apple shares. Aside from its investments in Apple and Alphabet, Berkshire's largest stock positions do not include major technology companies. Its other significant holdings, which remained largely unchanged during the third quarter, include American Express, Bank of America, and Coca-Cola.