How Warren Buffett has managed to best Big Tech
Briefly

"So far in this tech-infatuated year, Berkshire's stock has outperformed the shares of Apple, Microsoft, and Alphabet. It's hard to remember that CEO Warren Buffett told his shareholders last February, 'All in all, we have no possibility of eye-popping performance.'"
"Market cap gauges the market's expectations, not measurable financial results, and as Buffett often notes, Mr. Market has mood swings."
"Walmart would have to get 41% more valuable, just to match Berkshire's market cap, he explains."
"The firm's market cap reached above $1 trillion a few months ago, and it sits just beneath Tesla and above Taiwan Semiconductor."
Read at Fortune
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