by Fred Fuld III
Apple (AAPL) has dropped about 18.7% from its high over the last several months. If you think the stock has bottomed out, and may be on the rise, there is an alternative to just buying the stock outright.
No, I’m not talking about stock options. What I’m referring to is Warren Buffett’s Berkshire Hathaway (BRK-A) (BRK-B). Do you realize that Apple makes up 47.6% of the Berkshire Hathaway portfolio?
So if you buy Berkshire, that means that almost half your funds are indirectly invested in Apple.
So what else do you get when you buy Berkshire, besides Warren Buffett’s expertise?
Here are some of the other stocks that make up a large portion of the portfolio:
Bank of America (BAC) 13.5%
American Express (AXP) 7.5%
Coca-Cola (KO) 7.2%
Kraft Heinz (KHC) 3.5%
Moodys (MCO) 2.9%
There are actually over 40 stocks in the Berkshire Hathaway portfolio, spread out over a lot of different industries, so it is well diversified.
I’m not recommending Berkshire as an investment because I think the bear market will continue (and I never make any stock recommendations anyway), but if you are bullish on Apple and you don’t mind a little stock market diversification, you might want to take a look at Berkshire, if not now then at some point when you believe the market has bottomed out.
Disclosure: Author owns AAPL and KO.