Warren Buffett acknowledged in a recent interview that he sold shares of Apple too early but expressed interest in purchasing more if prices fall further. Speaking on CNBC’s “Squawk Box,” Buffett discussed his fondness for Apple, which remains the largest holding in Berkshire Hathaway’s portfolio, despite a reduction to approximately $61.96 billion at the end of 2022.
Buffett indicated that the current market conditions do not present an attractive opportunity to buy Apple shares, as the stock has decreased over 14% from its recent high and has declined by more than 6% this month. The broader market is experiencing volatility, with both the Dow Jones Industrial Average and the Nasdaq Composite undergoing corrections.
Buffett emphasized his satisfaction with Apple as a significant investment, while also noting the challenges of holding such a large stake. He suggested that if the stock reached a more favorable price point, Berkshire Hathaway would consider increasing its investment. Buffett commended Tim Cook’s leadership, comparing it positively to that of Steve Jobs, and praised Cook’s ability to manage relationships effectively.
Although Buffett stepped down as CEO of Berkshire Hathaway in early 2026 after six decades, he continues to serve as the company’s chairman.
Why this story matters:
The insights from Buffett provide a perspective on investment strategies amid market fluctuations.
Key takeaway:
Buffett’s willingness to buy Apple again highlights his belief in the company’s long-term value, though he advises caution in the current market.
Opposing viewpoint:
Some analysts may argue that the market downturn presents a buying opportunity, contrasting Buffett’s conservative approach to investing.
