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Why Warren Buffett Buys Apple Stock

The "Warren Buffet buys Apple Stock" stories this week have invariably expressed great surprise that the Oracle of Omaha would do something so out of character.

After all, Buffett is known as a value investor that shuns the tech sector. But in the last three months of 2016, Buffett nearly quadrupled his position in AAPL stock.

But fear not, he hasn't lost his mind.

Here's why Warren Buffett has loaded up on Apple stock...