Despite not owning Nvidia, Warren Buffett has still managed to profit from the artificial intelligence (AI) stock’s significant gains.
Warren Buffett typically steers clear of tech stocks, including Nvidia (NASDAQ: NVDA). However, through Berkshire Hathaway’s investment in two S&P 500 ETFs, Buffett has indirectly profited from Nvidia’s success. Berkshire initiated positions in the SPDR S&P 500 ETF Trust and the Vanguard S&P 500 ETF in late 2019, holding small positions in both. Although Nvidia … Read more