Buffett’s Apple Exit and the Pizza Play

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Act I: The Sage of Omaha, that modern-day Miser of markets, continues his theatrical dance of capital allocation. While the masses swoon over glowing screens and silicon prophets, Warren Buffett-clad in his customary folksy garb-parts with 69% of Apple shares like a man divesting himself of gilded shackles. Meanwhile, he acquires Domino’s Pizza with the quiet glee of a bourgeois gentleman discovering virtue in pepperoni.

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Act II: Apple Inc. – The Tragi-Comedy of Technological Hubris

Behold Apple, that Cupertino monarch whose crown glitters with the jewels of ecosystemic loyalty! Its quarterly numbers-$94 billion in revenue, a 10% increase-might dazzle the vulgar eye. Yet beneath this gilded surface, regulatory tempests gather: Europe‘s Digital Markets Act, that revolutionary edict, threatens to dismantle the App Store’s feudal tollbooths. One might fancy the antitrust lawsuit with Alphabet as a Shakespearean subplot, wherein the prince of phones risks losing his golden goose-the Google search fee.

The PEG ratio, that most unflattering mirror, reflects Apple’s 3.5 multiple-a figure that would make even a Dutch tulip trader blush. While Amazon and Nvidia parade their sub-2 ratios like modest maidens, Apple struts with the vanity of a peacock in a patent-leather waistcoat. Its AI ambitions, meanwhile, resemble the Imaginary Invalid-much fanfare, little substance.

Act III: Domino’s – The Sly Feast of Compounding

Enter Domino’s, that pizzaiolo of prudence! With 21,500 outlets spanning 90 nations, it weaves a grand tapestry of commerce. Its quarterly gains-a modest 4% revenue increase-mask a shrewd calculus: AI deployed not for spectacle but for doughnut-shaped efficiencies. The “Hungry for More” strategy, with its 5,500-store ambition, plays like a Molièrean satire of moderation-modest appetites yielding banquet-sized returns since 2005’s paltry 4,270%.

CeO Russ Weiner, that modern Sganarelle of sauces, boasts of stuffed crust triumphs and DoorDash dalliances. Yet even as he touts growth, the stock’s 27x earnings multiple whispers caution-a reminder that Berkshire’s 1% allocation is less a torchlight parade than a candlelit dinner.

Epilogue: The value investor, that most judicious of theatergoers, must weigh these performances. Apple’s opera buffa of overvaluation contrasts with Domino’s commedia dell’arte of calculated expansion. One might follow Buffett’s lead-but with the prudence of Harpagon counting his ducats. 🍕

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2025-09-02 10:24