Buffett has sung Cook's praise in the past, too. In his 2021 letter to Berkshire shareholders, he wrote, "Tim Cook, Apple's brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim's managerial touch as well."

Warren Buffett, 94, will step down as Berkshire Hathaway's CEO on January 1, 2026, succeeded by Greg Abel. Buffett, acknowledging his age, made the unexpected announcement at the company's annual meeting.

Warren Buffett praised Apple CEO Tim Cook as a worthy successor to cofounder Steve Jobs after paring most of his investment in the tech giant.