Why Warren Buffett Wants Apple Stock to Tumble
Warren Buffett didn't have any problems beating the market last year. His beloved Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) delivered a 3.3% gain. It wasn't jaw-dropping. However, it was still a lot better than the S&P 500's 19.4% decline.
Several stocks were key in enabling Buffett to trounce the S&P 500. But Apple (NASDAQ: AAPL) wasn't one of them. Actually, the tech giant's performance weighed heavily on Berkshire's return in 2022.
You might think that Buffett would want Apple to rebound in a huge way this year. That's not the case. Here's why Buffett actually wants Apple stock to tumble.
Source Fool.com
