Subject: Re: brk weakness caused by ,
The only thing more spectacular than BRK's buy was the incredible exit of this massive stake as prices continue to rise.
I posted about this elsewhere. The release of about 500M Apple shares to the float over a few short months WHILE Apple stock rose from the 160s to the 220s is a HUGE testament to the strength of Apple. I don't think that has ever been seen before.
More likely is that the period where Apple went sideways as the mag7 went up was influenced by Berkshire's selling. Then Berkshire slowed down or stopped selling (perhaps at the nice round even number of 400m shares - exactly the same number as Coke?) and that allowed Apple shares to finally move higher.
During the 2nd quarter, the average price Berkshire got for selling the AAPL stock was approx. $188.40 / share.