Buffetts $370 billion stock portfolio. 55% in AI investments

[Paco Dennis]

Overview of the article.

Warren Buffett has led Berkshire Hathaway investment company to market-beating returns since 1965. - He looks for companies with success, growth potential, strong management team, and those that return money to shareholders through dividends and stock buybacks. - Berkshire owns stakes in companies developing AI technology including Snowflake (0.3%), Amazon (0.4%), Coca-Cola (6.4%), and Apple (48%). - Snowflake is an innovative cloud computing enterprise with a fast-growing presence in AI. - Amazon is rapidly becoming dominant in the AI industry across various segments of its business. - Coca-Cola is dabbling in AI by using it to predict tastes for future drinks and curate marketing campaigns for increased brand awareness and sales engagement. - Apple's latest iPhone Pro sets the stage for its AI-powered future with on-device processing capabilities, large language model development, and potential automation features.

55.1% of Warren Buffett's $370 Billion Stock Portfolio Is Invested in 4 Artificial Intelligence (AI) Stocks | The Motley Fool

 

[againstthegrain]

Another case of "figures never lie, but liars can figure."

 

[againstthegrain]

I didn't realize he had 48% of BH in AAPL, that's my only holding in my YOLO account. (You Only Live Once.)

 

[mathjak107]

I didn't realize he had 48% of BH in AAPL, that's my only holding in my YOLO account. (You Only Live Once.)

not quite the whole story ..it is 48% of the publicly traded stocks in berkshire . but berkshire owns loads of untraded companies … apple is about 20% or maybe less now of berkshires total holdings not 48%

 

[CallMeKate]

To give another part of this, though (keeping it real/transparent), Buffett is "concerned" about AI as well. Having a lot of stock in it doesn't automatically mean that he has warmed up to it.
'We won't be able to uninvent it': Warren Buffett is 'worried' about AI technology, comparing it to the atom bomb — but he's still betting large on these 3 artificial intelligence stocks

 

[Paco Dennis]

To give another part of this, though (keeping it real/transparent), Buffett is "concerned" about AI as well. Having a lot of stock in it doesn't automatically mean that he has warmed up to it.
'We won't be able to uninvent it': Warren Buffett is 'worried' about AI technology, comparing it to the atom bomb — but he's still betting large on these 3 artificial intelligence stocks

I know! I am so concerned about it pumping out misinformation. I am trying to train the "assistants" to not lie, or give bias answers. I argue with them a lot. Regulation is a MUST and it needs to be addressed NOW as AI content is starting to flood mass media. I am no way promoting it as "good". I am more than aware of it's capabilities in extremely important matters. But, we won't be able to stop it now.