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Warren Buffett’s Surprising Response to His Most Successful Investment Ever Is a Lesson For Every Leader
At Berkshire Hathaway’s annual meeting earlier this year, Warren Buffett showed just how much of a fan he is of Apple’s CEO, Tim Cook. “Tim Cook has made Berkshire a lot more than I have made Berkshire,” Buffett said to laughter in the room. It was funny, but considering that Apple is Berkshire’s largest holding, I don’t think it was hyperbole.
Berkshire purchases often boost stocks. Shares of the steel maker traded as high as $151.32 on Friday, but closed at $145.48, ...
The big surprise was a brand new, $1.6 billion stake in UnitedHealth, accumulated entirely during the second quarter.
Buffett owned UnitedHealth shares before selling his stake in 2010, though his Berkshire Hathaway recently acquired shares.
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