Apple, Berkshire and the virtue of patience
Waiting for outstanding opportunities has paid off but it is getting increasingly difficult
Waiting for outstanding opportunities has paid off but it is getting increasingly difficult

But it relies on a host of rosy assumptions going in investors’ favour

John Ternus will face innovation challenges that Tim Cook never had to

The country’s habits and virtues are built for a prosperity it no longer enjoys

Plus, the Peter Thiel-backed businesses set for a windfall and the UK’s big buyout battle

Tech group’s next chief must convince shareholders it is time to expand the scale of the company’s bets

More frequent asset valuations can boost market resilience and investor confidence