Billionaire investor Warren Buffett told CNBC on Wednesday that he’s never sold a share of his Apple stock.
“I’ve never sold a share,” the chairman and CEO of Berkshire Hathaway said on “Squawk Alley.” But Buffett declined to answer whether he is buying more. “I certainly was buying last quarter and I don’t pay attention to the calendar when I’m buying,” he said.
Buffett also said he was more certain about Apple’s future than IBM.
When Berkshire first made an investment in Apple a fellow bought about 10 million shares, Buffett said. “And then, I looked at it, and I bought considerably more,” he said.
The fellow he was referring to was likely either Todd Combs or Ted Weschler, money managers at Berkshire.
Buffett told CNBC in January that he more than doubled his holdings in the shares because he “liked it!” On Wednesday, the tech giant’s stock was around $162 a share and hit a record high shortly after the open.
Source: Tech CNBC
Billionaire Warren Buffett: I've never sold a share of Apple