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Zenger
Zenger
Chris Katje

REVEALED: Warren buffett s apple bet outperforms s p 500 - The Real Truth

Berkshire Hathaway's CEO Warren Buffett (L) and his business partner Vice Chairman Charles Munger answer questions at a news conference May 4, 2003 in Omaha. Buffett's investment in Apple has yielded a hypothetical return of 681.2% over seven years, outperforming the S&P 500. PHOTO BY ERIC FRANCIS/GETTY IMAGES

One of the most successful value investors of all-time shocked investors with the purchase of Apple Inc shares in 2016. The stock now makes up a large portion of the Berkshire Hathaway Inc.

Legendary investor Warren Buffett unveiled a 9.8 million purchase of Apple shares on May 16, 2016. The shares were purchased by Berkshire Hathaway.

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