The Investor's Podcast (We Study Billionaires)constructiveMar 21, 2026
By the time 2016 rolled around, Buffett observed that much of the risk had been removed from Apple as the business scaled up. And he saw it trading for a cheap multiple. So he size up a massive position because he saw the risk profile change.
— The Investor's Podcast (We Study Billionaires), at 13:13

