Asset Management

Almost half of Warren Buffett’s Berkshire Hathaway portfolio comprises a single stock

Berkshire now owns more than $91bn worth of Apple’s stock, which comprises 43% of the total conglomerate’s portfolio

Warren Buffett once said that “diversification is protection against ignorance. It makes little sense if you know what you are doing.” The takeaway: Load up on what you know.

Even if it’s a tech stock, apparently.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire