
Asset Allocation
Apple Is Almost Half of Onetime Tech-Phobe Buffett’s Portfolio
The Berkshire chief admiringly calls the iPhone firm his ‘third business.’
An odd choice for the inveterate value investor, who just bought a hot stock in a miner of the glittering substance.
Wizard of Omaha has slipped in some subtle advice for funds in Berkshire’s annual letter.
Company has $110 billion ready to make a large cash acquisition.