Buffett supports Cook! He manages the company better than Jobs: holding Apple stock has already earned over $100 billion.

Ask AI · Why did Buffett praise Cook’s management ability as surpassing Jobs?

Kuai Technology April 1 news: Recently, in a media interview, “the Oracle of Omaha” Warren Buffett revealed that the pre-tax returns from Berkshire holding Apple stock have already exceeded $100 billion.

Buffett spoke highly of Cook’s management, even saying his performance is better than Steve Jobs’.

He said: “Cook plays the cards in his hand better; Jobs can’t do what Cook can do now. But Jobs gave him a great hand. If Jobs himself were in that position, he might not be able to play it as well.”

Buffett also added that Cook is not only an extremely capable manager, but also a very good person—someone who can get along harmoniously with everyone around the world.

“I don’t have this kind of skill; for sure, my partner Charlie Munger doesn’t either.”

Regarding Apple stock, Buffett believes he sold too early. If the Apple stock price were cheaper, he would keep adding to his position.

According to Insider Score, a financial data analytics company, even though Berkshire reduced its Apple holdings at the end of last year to $61.96 billion, Apple is still Berkshire’s largest overweight position.

Buffett said: “I’m very happy to make Apple our largest holding, but I’m not too happy that its size is so large that it’s almost equal to all our other holdings combined.”