The post Warren Buffett’s Berkshire Hathaway has been outperforming the Magnificent 7 since early 2024 appeared on BitcoinEthereumNews.com.

Berkshire Hathaway has outperformed the Magnificent 7 since January 2024, gaining 46.3%, while the CNBC Magnificent 7 Index—which tracks Apple, Alphabet, Nvidia, Microsoft, Tesla, Meta, and Amazon—rose only 43.4% in the same timeframe. This performance gap was reported by Chris Verrone, who is head of technical and macro research at Strategas, and he said, “Believe it or not, you would have been better off buying BRK/B than the Mag 7 to start ’24,” referring to Berkshire Hathaway’s Class B shares. That difference came after the tech group dropped 13% going into 2025. All seven of those stocks have fallen in the first quarter of the year. That decline came while Berkshire Hathaway kept climbing, up over 15% in 2025 so far. The performance gap is now more visible as the Magnificent 7 struggles, and Berkshire Hathaway hits record highs. Investors moved out of tech as trump tariffs returned The sell-off in the tech sector followed rising economic concerns in the first months of President Donald Trump’s second term. Investors pulled money out of high-growth names as Trump’s tariff policies created fresh worries. The White House confirmed the new round of reciprocal tariffs will begin on April 2, targeting any country that puts duties on U.S. imports. That created instability across equity markets. Stocks tied to AI spending and global manufacturing took the biggest hits. Tesla had the worst drop among the seven, falling almost 50% since December. Microsoft fell 13% from its recent high. Apple dropped 14% this year. Apple is still one of Berkshire Hathaway’s top holdings, but Warren Buffett, who is now 94 years old, reduced his exposure by two-thirds in 2024. He ended the year holding 300 million shares, a cut that saved Berkshire Hathaway billions of dollars in losses when Apple’s stock slid. The pullback in…

---

Filed under: News - @ March 24, 2025 10:27 am