Berkshire-Paytm deal: Warren Buffett's investing continues to evolve even at 87
Updated : August 30, 2018 06:18 AM IST
Buffett resisted investing in tech companies for years because he didn't think he could pick which ones would be enduring winners, but now his Berkshire Hathaway conglomerate is a major Apple shareholder because he views Apple as a consumer products company with loyal customers.
The billionaire used to joke that airlines were such a bad investment that someone should have shot down the Wright brothers. Today, Berkshire holds investments in several major airlines.
Berkshire investors have generally profited as Buffett found new ways to put the company's money to work over the years, although he has made mistakes along the way.
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