For those who don't feel like buying Apple, there's a far bigger takeaway: Perhaps Buffett's big Apple bet is indication it's perfectly fine to be overweight red-hot tech stocks like Facebook , Amazon, Apple, Google and Netflix . However, the scolds of passive investing say this is folly. Berkshire's Apple weight compares to the 10%+ weight the S&P 500 currently holds in the FANGs. Put differently, with his Apple buy, Buffett is building a portfolio weight that's similar to the ones passive investors already own. Your S&P 500 Index fund is now about as exposed to big tech as Berkshire.

Source: Forbes May 04, 2018 17:17 UTC