Warren Buffett’s $122 Billion Apple Sell-Off Contrasts With New Value Plays
Warren Buffett's Berkshire Hathaway has executed a striking divergence from market euphoria, liquidating nearly 70% of its Apple position since late 2023. The estimated $122 billion windfall marks one of history's most consequential profit-taking maneuvers by the Oracle of Omaha.
While tech valuations soar, Buffett's 11-quarter selling streak continues a contrarian philosophy best summarized by his adage: "Be fearful when others are greedy." The Apple unwind follows a legendary 2016 entry when skepticism surrounded the iPhone maker.
Fresh capital is being redeployed into undervalued sectors, with $4 billion allocated to out-of-favor stocks. This pivot exemplifies Buffett's signature strategy of capitalizing on market dislocations—a methodology that's delivered 20% annualized returns for Berkshire since 1965.
