Warren Buffett is famous for being wary of investing in tech stocks but admitted in an annual shareholder meeting on Saturday that he made a mistake by not buying shares of Alphabet (GOOG - Get Report) and Amazon (AMZN - Get Report) . Here is a look at five of the best performing tech stocks in the S&P 500 in the past five years that Buffett and Berkshire (BRK.A - Get Report) , (BRK.B - Get Report) also missed out on. Netflix (NFLX - Get Report) has run up an incredible 1393.77% in the past five years to $155.64. Nvidia (NVDA - Get Report) came in second place with a 792.26% increase in the past five years to $103.27. Micron Technology (MU - Get Report) posting gains of 327% in the past five years, just above Amazon's 318.37% gain. Adobe Systems (ADBE - Get Report) has gained 101.89 points or 313.31% in the past five years to $134.80. Shares of Broadcom (AVGO - Get Report) have gained 253.31% to $224.92.
Buffett's knowledge of trading seems to have made him a popular man to have lunch with as on anonymous bidder recently paid $2.68 million in an online charity auction to eat with the billionaire investor. With the current global tech stock selloff, this is probably the perfect time to pick the brains of the Berkshire Hathaway chairman.
Apple, Alphabet and Facebook are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL, GOOGL, and FB ? Learn more now .
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