Warren Buffett just gave his opinion on one of the hottest tech stocks of the decade—Apple—at Berkshire Hathaway’s shareholders meeting.
Responding to a question about both Apple and Google, the Oracle of Omaha had this to say, according to Reuters: “I would not be at all surprised to see them be worth a lot more money 10 years from now but I would not buy either one of them.”
Essentially, he wouldn’t buy Apple—but he wouldn’t short it either.
Take that how you will.
Hat tip to the folks tweeting from Omaha.
Buffett on Google, Apple: ‘I don’t want to buy them’, IBM ‘easier to understand’
— Linda Yueh (@lindayueh) May 5, 2012
— Ben Berkowitz (@BerkowitzRtrs) May 5, 2012