Warren Buffett Admits He Sold Apple Too Soon
Investing superstar Warren Buffett recently said he made a mistake by selling his Apple shares too early. In an interview with CNBC, he explained that while he did sell some stock, he actually bought Apple even before that, so he still came out ahead overall.
Apple Is Still Berkshire Hathaway’s Top Pick
Even after cutting back its investment last year, Apple remains the biggest piece of Buffett’s company, Berkshire Hathaway. The stake was worth around $62 billion. Buffett said he’s glad Apple is their largest holding, though he joked that it had grown to be almost as big as everything else they own put together.
Would He Buy More Apple Shares?
Buffett hinted that he’d snap up more Apple stock if the price gets lower. But right now, with the market wobbling and Apple down over 14% from its high, he doesn’t think it’s a good deal. He made it clear: he wouldn’t buy more “in this market.”
Why Buffett Thinks Tim Cook Is a Great CEO
Buffett heaped praise on Apple’s leader, Tim Cook. He said Cook did an amazing job running the company, especially compared to the legendary Steve Jobs. Buffett explained that Cook managed Apple better with the resources he had, and he’s a super nice guy who gets along with everyone—a skill Buffett admits he and his partner Charlie Munger lacked.
Buffett’s Big Change at Berkshire Hathaway
Buffett announced he’ll step down as CEO of Berkshire Hathaway in early 2026 after running it for 60 years. For now, he’s still in charge, but this marks a huge shift for the company he built.
Check Out More from Buffett’s CNBC Chat
In the same interview, Buffett also talked about reviving his famous charity lunch auction. To stay updated on stories like this, follow CNBC for easy-to-understand business news.
