Warren Buffett: Tim Cook Made More Money for Berkshire Than I Did! | Berkshire 2025

[Transcript]

WARREN BUFFETT: I listened to him on Thursday afternoon — it’s the only investment quarterly call that I listen to. But I listen to Tim Cook and I understand — it’ll be tough for me to see him from up here, but Tim Cook — there he is. (Applause)

I'm somewhat embarrassed to say that Tim Cook has made the Berkshire a lot more money than I've ever made Berkshire Hathaway. (Laughter) Credit should be given to him for it.

I knew Steve Jobs briefly, and Steve of course did things that nobody else could have done in developing Apple. But Steve picked out Tim to succeed him, and he really made the right decision. Steve died young as you know, and nobody but Steve could have created Apple, but nobody but Tim could have developed it like he has. So on behalf of all of Berkshire, thank you Tim. (Applause)

Source: https://buffett.cnbc.com/2025-berkshire-hathaway-annual-meeting/

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