PREMIUM
Apple: Charlie Munger and results
Charlie Munger has put forward a good common-sense reason to buy shares in Apple, but there is an uncommon sense reason to like Apple too. The latest quarterly reuslts, which we also cover here here, were certainly a delight.
Warren Buffett and Charlie Munger, respectively chair and vice-chair of Berkshire Hathaway (US:BRK.A), often bring things down to common sense. Warren Buffett likes Apple Inc (US:AAPL), a constituent of our Ultimate Stocks portfolio, but says the level of its share price hurts. In other words, it’s a fantastic company, but so is the share price. Charlie Munger applied an even larger dollop of common sense:…
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