{"id":80360,"date":"2022-01-05T01:50:20","date_gmt":"2022-01-05T06:50:20","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80360"},"modified":"2022-01-05T01:24:10","modified_gmt":"2022-01-05T06:24:10","slug":"warren-buffett-makes-over-120-billion-on-apples-rise-to-3-trillion-among-his-best-bets-ever","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2022\/warren-buffett-makes-over-120-billion-on-apples-rise-to-3-trillion-among-his-best-bets-ever.html","title":{"rendered":"Warren Buffett makes over $120 billion on Apple\u2019s rise to $3 trillion, among his best bets ever"},"content":{"rendered":"\n<p>(CNBC) Warren Buffett\u2019s out-of-character bet on <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\" target=\"_blank\">Apple<\/a> may end up being one of his winningest investments, making more than $120 billion on paper as the tech giant shattered yet another record to <a href=\"https:\/\/www.cnbc.com\/2022\/01\/03\/apple-becomes-first-us-company-to-reach-3-trillion-market-cap.html\">top a $3 trillion market valuation this week<\/a>. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/BRK.A\" target=\"_blank\">Berkshire Hathaway<\/a> began buying Apple stock in 2016 and by mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Flash forward to 2022 and the Apple investment is now worth $160 billion as the massive rally extended into the new year.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/01\/04\/warren-buffett-makes-over-120-billion-on-apples-trot-to-3-trillion-among-his-best-bets-ever.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Warren Buffett\u2019s out-of-character bet on Apple may end up being one of his winningest investments, making more than $120 billion on paper as the tech giant shattered yet another record to top a $3 trillion market valuation this week. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80360","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80360"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80360\/revisions"}],"predecessor-version":[{"id":80361,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80360\/revisions\/80361"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}