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💰 Warren Buffett, the billionaire mind and chairman of Berkshire Hathaway Inc, found himself reiterating that he is a business picker, not a stock picker, in his latest annual letter to investors. In the letter, Buffett explains how he and his partner Charlie Munger have developed a portfolio of businesses with “extraordinary economics” over the years, which is why Apple is Berkshire Hathaway’s largest holding. Berkshire added 333,856 shares of Apple in the most recent quarter, representing approximately 39.9% of its portfolio, owning roughly 895,136,175 shares of the Cupertino-based tech giant. This represents about 5.4% of Apple’s outstanding shares. While it is no secret that Berkshire’s position in Apple is a mammoth holding, what is less known is exactly how much Buffett makes in Apple dividends annually. According to the most recent financials issued by Berkshire, total dividend income across its portfolio increased $979 million, or 19.3% in 2022 to $6.03 billion compared to...

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