Part 2/9:
As many investors eagerly await insights into Buffett's moves, the discussion highlighted Berkshire Hathaway's significant purchases in the second quarter, despite an aging bull market. Frankel pointed out that Berkshire is a net buyer and recently embarked on a "bank buying bonanza."
Major Investments
- Apple Inc.: Buffett has continued to show confidence in Apple, increasing Berkshire's stake by about 5%. With a current valuation of approximately $55 billion, Frankel noted that both Buffett and Charlie Munger have expressed a desire to own even more of the tech giant.