Chewy's billionaire cofounder owns $550 million in Apple stock but wants the share price to tumble
Business Insider -

CNBC Television/YouTube

Ryan Cohen invested nearly all of his wealth in Apple and Wells Fargo, yet he wants the tech titan's shares to fall so he can buy more stock at a lower price.

"I only wish the stock would go down," the billionaire Chewy cofounder told MarketWatch in a recent interview.

Warren Buffett voiced a similar view in February when he said that investors "should want the stock market to go down — they should want to buy at a lower price."

Cohen said that Apple is the "king of the...

Read this story at


Related Articles