Considered one of the largest investors in the world, In addition to being the largest shareholder and Chairman and CEO of Berkshire Hathaway, Warren Buffett has praised Tim Cook for his leadership of Apple. Many of us think the same as the tycoon, but it does not have the same value if I say it as if it is said by a person with the background that the investor has. Warren Buffet has hailed Tim Cook as a "Fantastic manager" and it has done so during Berkshire Hathaway's annual shareholders meeting.
Warren Buffet has praised Tim Cook as a "fantastic manager" at Apple. He called him: «one of the best managers in the world », all this has been done during the annual meeting of shareholders of Berkshire Hathaway.Answering the questions of the shareholders, one of them was about why the investment firm sold some common shares in Apple despite being considered the « fourth jewel »of the company. Buffett took the opportunity to congratulate Apple as a company, and Cook as its leader.
It is an extraordinary company and has a fantastic manager. Tim Cook was underrated for a while. He is one of the best managers in the world. And I have seen many managers. And you have a product that people love. It has a consolidated group of people, and they obtain satisfaction rates of 99%. It is an extraordinary business. We see a lot of managers from a lot of businesses, and you're looking at two greats on both ends here.
Compared to the two Apple CEOs. The current one and the previous one. He highlighted and wanted to make it clear that Tim Cook and Steve Jobs were two great entrepreneurs but with different qualities and capabilities from each other:
Cook couldn't do what Steve Jobs obviously could do in terms of creation. But Steve Jobs couldn't, I don't think, do what Tim Cook has done in many respects
