Buffett says he sold Apple stock too early: Still willing to add to his position but won't buy in the current market

Warren Buffett said that he sold Apple stock too early, and that he is still willing to increase his holdings in the future, but he will not buy in the current market environment.

“I sold too early. But I bought even earlier, so it is what it is.” Buffett said in an interview on Tuesday. In the interview, he also announced the restart of the famous charity lunch event.

According to financial data analytics firm Insider Score, even though Berkshire Hathaway reduced its Apple holdings to $61.96 billion at the end of last year, Apple remains Berkshire’s largest concentrated holding.

However, Buffett said on Tuesday that if Apple’s stock price were cheaper, he would continue to add to his position. He said that although Apple’s stock has fallen by more than 14% from its recent high and by more than 6% this month, its appeal is still not enough at the moment. The overall U.S. stock market is currently choppy, with both the Dow Jones Industrial Average and the Nasdaq Composite entering a pullback range.

“I’d be very happy to have Apple become our biggest holding,” Buffett said, “but I’m not too happy that its size is almost equal to the amount of all our other holdings combined.”

“If Apple were to fall to a certain price, we absolutely might make a big purchase,” he added, “but it won’t be in this market.”

Buffett revealed that Berkshire’s pre-tax gains from holding Apple stock have already exceeded $100 billion, and he highly praised Tim Cook’s management, even saying that his performance is better than Steve Jobs’.

“Cook has played the cards in his hand better. Jobs couldn’t do what Cook can do now—but Jobs dealt him a good hand, and if it were Jobs himself, he might not be able to play it as well,” Buffett said.

“Tim is an extremely outstanding manager, and he’s also a very nice person. He can almost get along harmoniously with everyone in the world,” he continued, “and I don’t have that skill—neither does my partner, Charlie Munger. ”

Buffett stepped down as CEO of Berkshire Hathaway in early 2026, ending a six-decade-long run at the helm, but he still serves as the company’s chairman.

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Editor: Liu Mingliang