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Berkshire Hathaway bought Apple when its valuation fell to 10x earnings

Charlie Munger · Charlie Munger (Audio) · Acquired · Oct 30, 2023 · at 42:12

Charlie Munger explains the valuation trigger that led Berkshire Hathaway to initiate its investment in Apple.

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“Yeah, well, it got cheap. It got it did about 10 times or anything more.”

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