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Warren Buffett Hails Tim Cook, Charlie Munger Calls Big Tech ‘Credit to Civilization’ at Berkshire Meeting
Cynthia Littleton Business EditorWarren Buffett gushed over the management and leadership skills of Apple CEO Tim Cook on Saturday as the renowned investor presided over Berkshire Hathaway’s annual shareholders meeting.Buffett compared Cook to legendary Apple co-founder Steve Jobs, noting that while Jobs was a tech and business visionary, Cook has had a huge impact on the company’s climb to a $2 trillion-plus market valuation.Berkshire Hathaway has traditionally stayed away from high-flying tech firms; most of its profits come from railroads, insurance, utilities and energy businesses. But in 2016 Buffett began buying Apple shares.
