The 'Oracle of Omaha' gave various insights on Berkshire Hathaway's holdings while spending hours answering questions during Berkshire's annual meeting.
Berkshire Hathaway Chairman and CEO Warren Buffett gave Apple glowing reviews during Berkshire Hathaway's annual shareholders meeting Saturday. "Our criteria for Apple was different than the other businesses we own — It just happens to be better business than any we own," Buffett said. He also called the iPhone "an extraordinary product." "We don't have anything like that that we owned 100% of, but we're very, very happy to have 5.
Buffett said he thinks is a preeminent player in the semiconductor space. However, he sold some of his shares in the chipmaker due to geopolitical concerns. "Taiwan Semiconductor is one of the best-managed companies and important companies in the world. And I think you'll be able to say the same thing five, or 10, or 20 years from now. I don't like its location and reevaluated that. ... There's nobody in the chip industry, in their league, or at least in my view.
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