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More likely is that the period where Apple went sideways
Nope. The selling started in Q1. In fact, 116 million of those Apple shares were sold in Q1. And then the selling continued into Q2 with another 389 million shares sold. The price in Q1 started at about $185 and ended at about $171.
During the 2nd quarter, the average price Berkshire got for selling the AAPL stock was approx. $188.40 / share.
This reinforces my point even more! They sold a bunch in Q1, then sold a bigger bunch in Q2 at $188 or so. And nevertheless, through that period until now the stock somehow managed to rise to $224 or so! So the market absorbed 505 million additional shares AND the price rose over $30 over the period. To me, that is astounding and a sign of resilience.
