Tim Cook attended the Annual Stockholders' Meeting of Berkshire Hathaway in Omaha, Nebraska this year. In Omaha, Cook said he was "thrilled" when he saw Warren Buffett invest in AAPL and took the opportunity to visit the local Apple Store.
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In a brief interview with Fox Business, Cook praised Warren Buffett as a great teacher from whom he had learned a lot. He also said he is "excited" that Berkshire Hathaway is an investor in Apple.
Fox Business : What did you learn from Warren Buffett?
Cook : Warren, for me, I'll do the obvious wisdom: integrity, humility, straight language, simple language. I do not think there is a better teacher.
Fox Business : Are you happy that he invested in AAPL? That must be great.
Cook : I'm excited, I'm excited.
It was announced last week that Berkshire Hathaway has over $ 50 billion in AAPL stock. In an interview with CNBC, Buffett said he was "satisfied" with Apple's latest earnings report for the second quarter of 2019:
"I was pleased with what they reported," Buffett said, noting investment decisions based on a single quarterly report. "What they talked about and reported is consistent with the reason we own more than $ 50 billion to Apple."
At Berkshire's event this weekend, Buffett reiterated that he was glad that AAPL was the company's largest stake, but joked that he was "hurt." by the rising stock price, because he would like to own more.
Meanwhile, Cook visited the Apple store in Village Pointe on Friday in Berkshire Hathaway. Local news reports that Cook spent around 20 minutes in the store mingling with managers, employees and customers. Cook regularly performs in the local Apple stores as he travels around the world.
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