Warren Buffett admitted to selling a portion of Berkshire Hathaway’s Apple stake too soon during a CNBC interview. He reduced the position because it became an overwhelmingly large part of the firm's portfolio. Buffett stated he was uncomfortable with the holding being nearly as large as all other investments combined.
Apple remains the largest single stock holding for Berkshire Hathaway. Buffett expressed a willingness to buy more shares if market prices become more attractive. He currently views market conditions as unfavorable for increasing the position.
Buffett maintains deep involvement in Berkshire’s investment decisions. He speaks daily with the director of financial assets to discuss market developments and direct trades.