There’s never been someone like Warren, and countless people, myself included, have been inspired by his wisdom. 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. pic.twitter.com/7p5zXtq5hP
— Tim Cook (@tim_cook) May 3, 2025
Cook also voiced his confidence in Buffett’s successor, Greg Abel, stating that Berkshire Hathaway is in “great hands.”
“There’s never been someone like Warren, and countless people, myself included, have been inspired by his wisdom. 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,” Cook shared.
Buffett reciprocated the appreciation during Berkshire Hathaway’s 60th shareholder meeting, humorously noting that Apple had made more money for his investors than he had himself.As of March 2025, Apple represents over 28% of Berkshire Hathaway’s portfolio. Buffett credited Cook’s leadership for Apple’s success, making it the only quarterly earnings call he listened to.
As Buffett prepares for retirement, the mutual admiration between the two business leaders highlights the lasting impact of visionary leadership in the corporate world.
In a remarkable conclusion to a nearly five-hour Q&A session at Berkshire Hathaway’s annual shareholder meeting on Saturday, Warren Buffett announced he will step down as CEO by the end of the year. His departure will mark the end of an extraordinary six-decade tenure, cementing his legacy as one of the world’s most revered investors.
Buffett’s leadership transformed Berkshire into a global investment powerhouse, earning him the title of the “Oracle of Omaha.” His wisdom, long-term strategy, and steady approach to investing have inspired generations of business leaders and investors.
Also Read: Warren Buffett’s favourite valuation indicator is flashing a ‘buy’ signal
First Published: May 4, 2025 6:41 PM IS