Famed investor Warren Buffett cut his firm's Apple holdings by 13% in the first quarter of 2023, as analyst consensus was that the iPhone was seeing declining demand.
  • GlitterInfection@lemmy.worldEnglish
    1·
    6 months ago

    Except Apple did better than analysts forecasted, and announced a buyback, causing the stock price to go up.

    He lost money compared to if he had waited until after.