Comments by "bighand69" (@bighands69) on "Warren Buffett on Apple stake: Apple is a better business than any other we own" video.

  1. With hundreds of billions of dollars owning some of the best companies in the world. Tell us how do you become such a clown?
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  2. You have to look at what apple is to really decide if it is worth holding or not. It has a very high return on capital, low debts, cash on hand, free cash flow with products and services that people use.
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  3. How do you know that apple is selling at too high a price? Apple has a return on capital that is in excess of 30%, holds no debts, has 60 billion cash on hand, 100 billion free cash flow for 2022 and makes the majority of its money through very high margin processes. So what do you think makes them too expensive?
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  4. Charlie formal background has been earned through 70 years of development and design experience. Charlie just did not get up one morning and decide to design buildings he has been involved in design for longer than most people have been alive.
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  5. Berkshire is not a fund nor is it an actual portfolio. Berkshire is a company so its practices are not the same as an individual investor with a portfolio.
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  6.  @jamesm.3967  Berkshire is not a private individual investor. It is a business and at a scale far beyond a standard investor. Warren could easily lift the phone and speak to Tim Cook which is not an option for a standard investor. Berkshire could lose all of its apple shares and still make that money back through its standard business which is not an option for an individual investor.
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  7.  @kawanljeetchoudhary348  So you think American citizens are going to pay trillions of dollars of debt to it self. US debt is not the same as a loan promissory debt it is a finance exercise that allows US government to and economy to function. It is a by product of an extraordinary asset base.
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  8. Not a few years ago but a decade ago. Berkshire does not invest in technology it invests in companies.
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  9. Apple is not manufactured in China it is assembled in China which is not the same thing. Apple uses components that come from several different manufacturing sectors. The screens are made in a completely different sector to that of the processors, memory, analogs and so on. Apple has massive challenges ahead of its self to try and change its assembly reliance on the Chinese market place.
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  10. Apple does not make all its money from selling phones. It makes its money from building its own marketplace that provides services. Apple is more akin to a train network, telecoms company or tv station. The key difference is that apple owns its market place from top to bottom and does this all with very low capital costs and very high capital returns. Most people that buy an apple phone keep it for several years and it is the business that they do on the phone that generates very low cost high margins for apple. It has taken apple a good 20 years to build its market place and its moat is enormous, deep and very rough for passing competitors. None of the other device manufacturers have that market place, google with android has the software end of the game but cannot get to apples level with just that.
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  11.  @2345cbreslin  You bought it back then with out any means of knowing what its real value was or how that value would relate to 2023. Bitcoin is not an investment for 99.99% of people.
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  12. It is what you do not see that counts. Under the table charlie has employed a team of cleaners that wipe his hands. He also gets leg massages to ensure he does not get sleepy legs when he sits down too long.
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  13. He is talking about over diversification. In the investment industry diversification means something different to that of most private investors.
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  14. EV is an amazing development and will be the future but it cannot just magical appear and will need decades to play out.
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  15. Berkshire Hathaway portfolio is not the same as an individual investors portfolio.
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  16. But they last and they do work for the average person every day.
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  17. Nope. People get exactly what they want and are willing to pay for it. Same with the other products from other manufacturers.
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