Warren Buffett named the best business in the world :: Business :: RBC

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He also commented on the outbreak of coronavirus and its impact on world markets, noting that now is not the time to sell shares

Warren Buffett

(Photo: Nati Harnik / AP)

Billionaire and Berkshire Hathaway CEO Warren Buffett, in an interview with CNBC, called Apple “perhaps the best business in the world” that he had seen.

According to him, he perceives this company not just as shares owned by Berkshire Hathaway (approximately 5.5%), but as his own business. “This is an incredible company. I should have appreciated it before, ”he said.

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The investor admitted that he recently changed his Samsung smartphone to the latest version of the iPhone. Buffett noted that recently he was presented with several smartphones, one of which was from Apple CEO Tim Cook. At the same time, the billionaire said that he does not use all the capabilities of the gadget, like most people, but most often only calls it.

Commenting on the outbreak of a new type of coronavirus in China, Buffett said that it should not affect investor portfolio decisions. “I don’t think that this should affect what you do with stocks, but from the point of view of the human race, this is a terrible thing,” he said.



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