Warren Buffett says Apple made Berkshire more money than he ever did

When Apple CEO Tim Cook praised Warren Buffett at the weekend, it followed the billionaire investor modestly stating that Apple had made more money for his Berkshire Hathaway investment fund than he ever did through his other investment picks. Buffett also said that while Steve Jobs was vital to the formation and early days of the company, Cook was equally vital to its growth since then … The mutual admiration was prompted by Buffett announcing his retirement, at the age of 94. Cook said that he’s been inspired by the wisdom of 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.” Yahoo! Finance quotes Buffett’s earlier remarks, made during the shareholder meeting. “I’m somewhat embarrassed to say that Tim Cook has made Berkshire a lot more ... Read full article.