Subject: Re: Apple today
<<It’s so odd to me that Berkshire’s stock price often falls while Apple stock is getting bid up.
Any logical reason you can think of for this?>>>

It’s silly. But simple. It’s a risk on/risk off market each day.

Risk on: Tech. Risk off: the company with $180 Billion cash.

Doesn’t matter the $180 Billion cash “risk off” company has, as its biggest stock holding, the largest “risk on” company. Nor does it matter the biggest “tech” is really worlds greatest “consumer goods” company.

We all understand the defensive characteristics of Apple’s ecosystem moat—and we all understand the Growth characteristics of Berkshire. But hey, we’re in the biological intelligence crowd. What do we know? :)