"股神"沃伦・巴菲特旗下的伯克希尔・哈撒韦公司再度传出减持苹果股票的消息。 11月4日，根据一份最新披露的季度监管文件显示，伯克希尔消费品领域股票持仓的成本基准较上一季度下降约12亿美元，而该类别持仓主要由苹果股票构 成。这意味着公司在2025年第三季度进一步减持了苹果股票。 图片来源：视觉中国 作为巴菲特投资生涯中最成功的案例之一，伯克希尔曾在2016至2018年间累计投入约375亿美元建仓苹果，随后苹果股价持续攀升，一度成为伯克希尔投资 组合的"四大支柱"之一，持仓占比峰值近50%，为其创造了超1500亿美元的净收益。 但在2024年，伯克希尔启动了大规模抛售，全年减持约三分之二苹果持仓，其中仅第二季度就减持近4亿股，大部分股票以每股约185美元的价格出售。 每经编辑｜毕陆名 北京时间11月1日晚间，巴菲特旗下公司伯克希尔公布2025年第三季度业绩。伯克希尔第三季度总营收为949.72亿美元，同比增长2.13%；净利润为307.96亿 美元，同比增长17.31%。 营业利润大增为净利润增长贡献了主要力量，第三季度伯克希尔营业利润达134.85亿美元，同比增长33.65%。这也显示出伯克希尔传统业务在今年三 ...

作为巴菲特投资生涯中最成功的案例之一，伯克希尔曾在2016至2018年间累计投入约375亿美元建仓苹 果，随后苹果股价持续攀升，一度成为伯克希尔投资组合的 "四大支柱" 之一，持仓占比峰值近50%， 为其创造了超1500亿美元的净收益。 经济观察网 11月4日，根据一份最新披露的季度监管文件显示，伯克希尔消费品领域股票持仓的成本基 准较上一季度下降约12亿美元，而该类别持仓主要由苹果股票构成。 ...

来源：智通财经 作为巴菲特投资生涯中最成功的案例之一，伯克希尔曾在2016至2018年间累计投入约375亿美元建仓苹 果，随后苹果股价持续攀升，一度成为伯克希尔投资组合的 "四大支柱" 之一，持仓占比峰值近50%， 为其创造了超1500亿美元的净收益。 但在2024年，伯克希尔启动了大规模抛售，全年减持约三分之二苹果持仓，其中仅第二季度就减持近4 亿股，大部分股票以每股约185美元的价格出售。进入2025年，减持步伐并未停止，第二季度继续缩仓 后，截至6月底，伯克希尔仍持有2.8亿股苹果股票，市值达570亿美元，虽仍是第一大重仓股，但持股 数量已较2023年底的9.06亿股骤降近70%。 苹果股价在2025年三季度的强势上涨，伯克希尔此前的减持决策付出了高昂的机会成本。10月底苹果股 价一度触及264.38美元的历史新高，收盘价达262.24美元，市值突破3.9万亿美元，重新跻身全美市值第 二大公司。据估算，随着苹果股价的上涨，巴菲特出售三分之二苹果持仓的决定令伯克希尔错失了约 500亿美元的潜在收益。 巴菲特此前曾表示，减持苹果股票是出于税务考虑。不过也有分析人士认为，苹果股票在伯克希尔投资 组合中的占比近 ...

Core Insights - Warren Buffett's investment strategy emphasizes long-term investing and value investing principles, focusing on companies he understands well and avoiding market trends [4][5] - Buffett's recent actions indicate a cautious approach, as he has been a net seller of stocks for 12 consecutive quarters, leading to a record cash pile of $381 billion, which exceeds the value of Berkshire Hathaway's equity portfolio [7][8] - The S&P 500 Shiller CAPE ratio has reached 39, indicating that stocks are becoming increasingly expensive, which aligns with Buffett's warning that buying opportunities may be limited [10][12] Investment Strategy - Buffett adheres to a value investing philosophy, seeking stocks that trade at a discount to their peers and focusing on companies with a history of dividend payments [5] - His investment approach has resulted in a compounded annual gain of nearly 20% for Berkshire Hathaway, significantly outperforming the S&P 500's 10% increase over the same period [1] Market Conditions - The current market environment shows that stocks are priced at historically high levels, as indicated by the Shiller CAPE ratio, which suggests a potential lack of compelling investment opportunities [10][12] - Despite the high valuations, Buffett continues to selectively invest in certain stocks, advising investors to remain cautious and consider valuations and long-term prospects before making investment decisions [12]

Core Viewpoint - Amazon has accused PacifiCorp, a utility company owned by Berkshire Hathaway, of failing to provide sufficient electricity for four new data center projects, highlighting the pressure that rapid tech facility expansion places on the power grid [1] Group 1: Company Actions - Amazon filed a complaint with the Oregon Public Utility Commission, claiming that PacifiCorp violated its contractual obligations to supply adequate power for the projects since 2021 [1] - The complaint specifies that one data center received insufficient power, another center was not powered at all, and the third and fourth centers refused to complete their standard contract processes [1] Group 2: Industry Implications - The situation underscores the increasing demand for electricity from tech companies as they expand their data center operations, which are essential for cloud computing, mobile applications, and streaming services [1]

Bruker Corporation (NASDAQ: BRKR) delivered a sharp earnings beat this morning, lifting shares nearly 7% despite underlying headwinds that reveal a company in transition. ...

Core Points - The market shows signs of concern despite a strong start to November, traditionally known as a strong month for US stocks, with the S&P 500 index rising by 0.17% and the Nasdaq Composite by 0.46%, while the Dow Jones Industrial Average fell by 0.48% [1] - Amazon AWS announced a $38 billion computing power contract with OpenAI, marking a significant partnership within the "Big Seven" tech companies [2] - Microsoft signed a $9.7 billion computing power contract with Australian cloud service provider IREN, and Lambda also secured a multi-billion dollar contract with Microsoft [5] - Nvidia's stock rose over 2%, contributing to a market capitalization increase of over $100 billion, driven by news of chip exports to the UAE [5] - Google issued $17.5 billion in bonds in the US market, following a €6.5 billion issuance in Europe, receiving approximately $90 billion in orders [5] - Despite the S&P 500 index reaching new highs, over 400 stocks in the index declined during the trading session, indicating a divergence between index performance and market breadth [5] - Historical data shows November has been the best-performing month for US stocks over the past 30 years, with an average gain of 2.6% when the S&P 500 is up over 10% year-to-date [6][7] Company Performance - Amazon's market capitalization increased by $104.5 billion, equivalent to approximately ¥743.7 billion, following the announcement of its contract with OpenAI [2] - Nvidia's stock rose by 2.17%, while other major tech stocks like Apple and Microsoft saw slight declines [8] - Tesla's stock increased by 2.59%, while other companies like Meta and Berkshire Hathaway experienced declines [8] - Chinese concept stocks showed mixed performance, with the Nasdaq Golden Dragon China Index rising by 0.26% [9] Other Industry News - The US electric vehicle market faced a significant drop in sales due to the expiration of federal purchase subsidies, with Hyundai reporting an 80% drop in sales for its Ioniq 5 and 71% for the Ioniq 9 [10] - Kimberly-Clark's stock fell by 14.57% after announcing a $48.7 billion acquisition of Kenvue, while Kenvue's stock rose by 12.32% [11] - Tesla's sales in Europe continued to decline, with a reported 89% drop in Sweden and 86% in Denmark, although there was slight growth in France [12] - Berkshire Hathaway's third-quarter report indicated a $1.2 billion decrease in the value of its Apple holdings, suggesting potential further reductions in its stake [13]

Group 1 - Berkshire Hathaway, led by Warren Buffett, is viewed as a stable investment that demonstrates the value of its diversified conglomerate business [1] - The company is recognized for its strong performance and is not considered an anomaly in the investment landscape [1] - The investment strategy focuses on identifying growth opportunities with attractive risk/reward profiles, avoiding overhyped stocks while capitalizing on undervalued ones [1] Group 2 - The investment group Ultimate Growth Investing specializes in identifying high-potential opportunities across various sectors with a focus on robust fundamentals and turnaround plays [1] - The investment outlook for identified opportunities is typically set at 18 to 24 months for the thesis to materialize [1] - The approach combines price action analysis with fundamental investing to generate alpha above the S&P 500 [1]

Warren Buffett's Bergkshire Hathway saw its cash pile sore to a record 381.7% billion dollars in the third quarter. Meanwhile, its operating urgent earnings surged by 34% year-over-year. The big focus for investors though remains Warren Buffett's succession and the lack of share buybacks.Joining us to break it all down, Kathy Seaffort of CFR. Kathy, it's good to see you. Let's talk first of all about the quarter and then we can get to sort of the bigger picture questions, if you will.It seems like insurance ...

Earnings Announcement - Berkshire Hathaway Inc. announced its earnings for Q3 and the first nine months ended September 30, 2025[3] - The earnings release was issued on November 1, 2025, detailing the company's financial performance[3] Financial Report Details - The report includes a press release as an exhibit, providing further insights into the financial results[4]