'I blew it': Warren Buffett laments missing out on Google

Warren Buffett Says Trump's Obamacare Repeal Bill Is'Huge Tax Cut For Guys Like Me'More

Warren Buffett Says Trump's Obamacare Repeal Bill Is'Huge Tax Cut For Guys Like Me'More

He said he had grown more fond of Apple Inc AAPL.O , in which Berkshire has disclosed a roughly $20 billion stake, because he could "very easily determine" the iPhone maker's competitive position "and who is trying to chase them". He remembered that Berkshire subsidiary Geico was paying $10 or $11 to Google every time someone clicked on an ad.

I'll be taking a look primarily at the "Buffett factor" and why buying into Apple may still be a good idea, even at current elevated levels.

"The deferred taxes that are applicable to unrealised gains on securities would all be applicable to us", Buffett said during Berkshire's annual shareholders meeting on Saturday.

He singled out the company's founder and chief executive officer, Jeff Bezos, for praise.

While Munoz "apologized many times", his first response could have been a bit more proactive than just a simple apology, as "your first reaction is going to get a lot of attention", Buffett said.

Buffett said United made a "terrible mistake", by how it first reacted, given that the incident was caught on film and went viral overnight.

Another famous investor, Jim Rogers, sold all his Indian shares in 2015 after getting exhausted of waiting for change.

Warriors coach Kerr finally returns to practice
It is also worth noting that the ailing Kerr was present at a coaches' meeting on Friday as well. He's the guy that laid the foundation and got everybody headed in the right directions.

"They may become like cattle cars", Buffett said.

Apple is today one of the Berkshire's biggest equity holdings.

- At March 31, book value at the company had increased 3.5 percent since year-end 2017 to $178,073 per share.

According to CNN, Earlier this week, Buffett announced that Berkshire Hathaway had dumped about a third of its IBM stock. He has always said that he can make more money for shareholders by investing it than giving it back.

It closed on Friday at $155.05 on the New York Stock Exchange.

And on his surprise change of heart about IBM, Buffett admitted he was wrong to think IIBM "could do better" when he started amassing 81 million shares six years ago. He said the company had too much cash it could not reasonably deploy.

Buffett said he was not bothered by initial US data showing the economy grew at just 0.7 percent in the first quarter, saying it was "more or less" growing at 2 percent a year.

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