{"id":80886,"date":"2022-03-04T00:43:06","date_gmt":"2022-03-04T05:43:06","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80886"},"modified":"2022-03-04T00:24:17","modified_gmt":"2022-03-04T05:24:17","slug":"for-warren-buffett-apple-is-his-new-cola-cola-as-the-investing-icon-reaps-100-billion-in-six-years","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2022\/for-warren-buffett-apple-is-his-new-cola-cola-as-the-investing-icon-reaps-100-billion-in-six-years.html","title":{"rendered":"For Warren Buffett, Apple is his new Cola-Cola as the investing icon reaps $100 billion in six years"},"content":{"rendered":"\n<p>(CNBC) Warren Buffett\u2019s recent success from his massive <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\" target=\"_blank\">Apple<\/a>&nbsp;bet is spurring comparisons with the legend\u2019s greatest investment of all time \u2014 <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/KO\" target=\"_blank\">Coca-Cola<\/a>. Berkshire Hathaway began buying Apple\u2019s stock in 2016 and amassed a 5% ownership of the iPhone maker by mid-2018 with a cost of $36 billion. As the tech giant\u2019s share price skyrocketed, the value of Buffett\u2019s bet has ballooned to more than $160 billion, bringing his return well over $100 billion on paper in just six years.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/03\/03\/for-warren-buffett-apple-is-his-new-cola-cola-as-the-investing-icon-reaps-100-billion-in-six-years.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Warren Buffett\u2019s recent success from his massive Apple&nbsp;bet is spurring comparisons with the legend\u2019s greatest investment of all time \u2014 Coca-Cola. Berkshire Hathaway began buying Apple\u2019s stock in 2016 and amassed a 5% ownership of the iPhone maker by [&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-80886","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80886","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=80886"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80886\/revisions"}],"predecessor-version":[{"id":80888,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80886\/revisions\/80888"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}