Apple is Warren Buffett’s #1 stock.
And the Berkshire Hathaway (NYSE: BRK-B) Apple stake is now worth $109 billion!
Yet Warren Buffett recently SOLD $800 million of Apple stock. And he’s now jumping into Pre-IPOs instead . . .
Go here ASAP for urgent details.
Now, you won’t find Buffett’s IPO trade inside the regular SEC filings . . .
Yet this could be Buffett’s most profitable investment in 2020 (go here for the NEXT Pre-IPO).
Starting in 2016, Berkshire Hathaway started buying Apple (NASDAQ: AAPL) stock and building its Apple stake. And within a couple of years – the holding company invested $35 billion in the iPhone maker.
Buffett’s average cost of shares for the entire Apple stake? $35 per share.
Apple stock now represents nearly 25% of Berkshire’s entire market value. And its Apple stake represents 5.7% of Apple.
After big profits, Buffett recently started SELLING Apple shares. And earlier this year a 13-F filing revealed that Berkshire had taken $800 million in profits.
So, what’s Buffett doing with the cash from the Apple stake?
He recently invested $570 million in this cloud technology IPO. And he was able to DOUBLE his investment in 24 hours!
Click here to grab your Pre-IPO shares today.
The IPO is called Snowflake (NYSE: SNOW). And the Snowflake IPO won’t show up until Berkshire’s October 13-F filing.
The investment is a ringing endorsement for the booming IPO market.
Buffett is giving more control of the investment portfolio to his lieutenants – Todd Combs and Ted Weschler. And it’s likely that these managers elected to BUY IPO shares.
That’s because Warren Buffett hasn’t bought an IPO since Ford (NYSE: F) went public. That was back in 1956 – when Dwight D. Eisenhower was in the White House.
So, it seems unlikely that the Oracle of Omaha decided to jump into a cloud IPO.
Yet it’s easy to see why Berkshire’s investment managers are attracted to IPOs. Because they can take a huge stake – and double their money in just 24-hours.
Unfortunately, IPOs are off-limits to most regular investors. That’s unless you’ve got a +$10 million account at Goldman Sachs or JP Morgan.
Yet I’ve recently discovered a little-known Pre-IPO secret. And it could let EVERY American grab private shares of a stock just months, weeks or even days before a stock goes public.
My #1 Pre-IPO for 2020 could jump 839% within the next 90-days.
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Yours in Wealth,
Ian Wyatt