Warren Buffett Couldn't Care Less About Tech Stocks

Summary
Berkshire Hathaway's stakes in Apple and IBM have been grossly overplayed and misunderstood by the media and investors.

While it may appear Buffett has backed away from his consistent history of not investing in tech companies, there is more to the story.

If you're a follower of Buffett, don't take this as a reason to start changing course and playing in the tech space, as Buffett's investment fundamentals have not changed.

A lot has been made from Berkshire Hathaway's (NYSE:BRK.A) (NYSE:BRK.B) investments in IBM (NYSE:IBM) and Apple (NASDAQ:AAPL). Some people question if Warren Buffett, the man who is notorious for avoiding tech companies, has made a significant shift with these investments. First of all, it is most widely known that Berkshire Hathaway's stake in Apple had little to nothing to do with Warren Buffett at all. Nevertheless, I am going to try and explain why investing in Apple and IBM signals no change in Buffett's investment philosophy, and why it shouldn't open the floodgates for Buffett fans to start playing in the tech arena.

https://seekingalpha.com/article/3978400-warren-buffett-care-less-tech-stocks