Apple CEO Tim Cook recently paid tribute to Warren Buffett following the announcement of Buffett’s retirement as CEO of Berkshire Hathaway at the end of 2025. Cook expressed profound admiration for Buffett, stating, 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. He also conveyed confidence in Buffett’s successor, Greg Abel, affirming that Warren is leaving Berkshire in great hands with Greg.
Buffett, aged 94, has led Berkshire Hathaway for over six decades, transforming it into a conglomerate with a market capitalization exceeding $1.16 trillion. His investment philosophy, characterized by long-term value investing, has significantly influenced the financial world. Notably, Buffett’s decision to invest in Apple marked a pivotal moment for both Berkshire Hathaway and the tech giant.
Initially hesitant about technology stocks, Buffett began acquiring Apple shares in 2016, recognizing the company’s strong consumer brand and loyal customer base. This investment proved highly lucrative, with Berkshire Hathaway’s stake in Apple reaching over $150 billion at its peak. Buffett’s endorsement bolstered investor confidence in Apple, aligning with his strategy of investing in companies with enduring value.
Despite recent reductions in its Apple holdings, Berkshire Hathaway remains a significant shareholder, with approximately $75 billion invested in the company. The transition of leadership to Greg Abel, who has been with Berkshire since 1992 and was designated as Buffett’s successor in 2021, is expected to maintain the company’s strategic direction. Abel’s extensive experience and understanding of Berkshire’s diverse operations position him well to uphold the company’s legacy.
The mutual respect between Cook and Buffett underscores a relationship built on shared values and strategic alignment. Buffett has previously lauded Cook’s management skills, describing him as one of the best managers in the world and highlighting his ability to navigate the complexities of the global market. Cook, in turn, has expressed gratitude for Buffett’s mentorship and investment in Apple, noting that having the ultimate long-term investor as a shareholder is incredible.
As Buffett prepares to step down, his legacy of prudent investment and ethical leadership continues to resonate. The transition to Abel signifies a new chapter for Berkshire Hathaway, with stakeholders optimistic about the company’s future under his guidance. Cook’s tribute reflects the profound impact Buffett has had on leaders across industries, emphasizing the enduring influence of his wisdom and leadership.
