Podcast: A Possible $18 Billion Portfolio Loss for Berkshire Hathaway and Two Other Numbers You Need to Know

Numbers By Barron’s is a two-minute financial podcast with three vital numbers to start your morning. Available on iTunes, Stitcher, and wherever you get your podcasts-as well as on your Amazon Alexa smart speaker

Three numbers to start your day:

-on Nov. 30. The patents in question were held by Qualcomm.

One analyst opined that the injunction wouldn’t take a big enough bite out of iPhones sales in China to hurt Apple. The models banned are tied to about 10% to 15% of sales. And Apple’s stock actually closed higher in Monday’s trading. Perhaps the ruling is merely symbolic?

The iPhone maker is appealing the decision, anyway.

Berkshire Hathaway

according to Barron’s calculations.

We based that on Berkshire’s five largest stock positions as of Sept. 30: Apple, Bank of America, Wells Fargo, Coca Cola, and American Express. Berkshire could have sold its stakes between now and then.

But if the portfolio stayed the same, Berkshire could post a fourth-quarter loss as its big stock holdings slide. For example, the company’s stake in the iPhone maker’s stock could have fallen by $15 billion so far this quarter.

-snapping a three-day losing streak.

Some analysts see 2630 as a level to watch -where the S&P 500 hit a low after peaking in October. And if it holds, investors might start finding reasons to be bullish again.

The market still has issues-trade tensions and what the Fed will or will not do next. But if the market is being driven by technical factors, not data or events, the S&P could hold fast, here.

Numbers by Barron’s is a new daily podcast. Find out more here.

This episode was hosted by Crystal Kim.

Write to Crystal Kim at crystal.kim@barrons.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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