In 2016, Warren Buffett made what has turned out to be a very astute and well-timed investment decision. The Oracle of Omaha decided to invest $1 billion of Berkshire Hathaway's capital on nearly 10 million worth of shares in Apple during the first quarter of the year.
Buffett's decision to take a stake in Apple came as somewhat of a surprise. Typically averse to tech stocks, Buffett made his first tech investment in 2011 when he made IBM a significant position in Berkshire's portfolio. This turned out to be a mistake. Buffett later sold the...

