Will Warren Buffett's Successor Remain An Apple Stock Bull?
Will Warren Buffettâs Successor Remain An Apple Stock Bull? Warren Buffett, a celebrity Apple fan, has announced his successor as Berkshire Hathawayâs CEO. Could the transition of power lead to the conglomerate selling its Apple stock position? Author: May 4, 2021 Berkshire Hathaway’s Warren Buffett has recently made an important announcement. The first in line to take over control of the company will be the CEO of its energy division, Greg Abel. As Apple stock’s portfolio represents about 45% of Berkshire’s portfolio, and because Berkshire is a top 3 investor in the Cupertino...
Source: thestreet.com