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Apple falls far from Buffett's investing tree

Warren Buffett, CEO of Berkshire Hathaway Inc.
Daniel Acker | Bloomberg | Getty Images
Warren Buffett, CEO of Berkshire Hathaway Inc.

Apple is a stock that falls far from Berkshire Hathaway's value-investing tree. The conglomerate run by Warren Buffett disclosed on Monday that it recently had bought a $1.1 billion stake in the iPhone maker. It's a departure from his general aversion to tech. A limping investment in IBM also might have been expected to reinforce that view.