Tim Cook on Warren Buffett: ‘one of the great privileges of my life to know him’

Berkshire Hathaway CEO and longtime Apple backer Warren Buffett announced today that he will retire at the end of 2025. Buffett, 94, spent more than six decades at the helm of Berkshire Hathaway, which was Apple’s largest institutional shareholder until last year. Apple CEO Tim Cook shared a photo of himself and Buffett smiling together at Apple Park, along with a personal tribute to the legendary investor. “There’s never been someone like Warren, and countless people, myself included, have been inspired by his wisdom,” Cook wrote. “It’s been one of the great privileges of my life to know him. And there’s no question that Warren is leaving Berkshire in great hands with Greg.” Buffett’s backing of Apple has been one of the most influential investments of his career—but it didn’t start that way. For years, he avoided Apple and other tech stocks, citing their unpredictability and his rule to “never invest in a business you cannot understand.” There’s never been someone like Warren, an ... Read full article.