Warren Buffett's iPhone Saga
- Warren Buffett, the renowned investor, faced an unexpected challenge at Berkshire Hathaway's headquarters.
- He had to work from his iPhone after the phone lines went down, following a significant reduction in Berkshire's Apple stake.
- Buffett humorously remarked, "I'm glad we didn't sell all of our Apple," highlighting the irony of the situation.
A Funny Twist
- Buffett, known for his traditional approach to investing, had to rely on his iPhone, a device he admitted to not knowing how to use extensively.
- The outage disrupted Buffett's routine of analyzing companies and engaging in phone conversations, especially as he had left his cellphone at home.
Warren's Bet on Apple: A Surprising Twist
- Berkshire Hathaway had trimmed its Apple stake by about 13% following an 11% drop in Apple's stock price.
- Despite his tech skepticism, Buffett acknowledged the iPhone's immense appeal and its indispensability to users.
Lessons from Buffett's iPhone Incident
- The incident highlights the unpredictable nature of technology and its impact on even seasoned investors.
- Buffett's ability to adapt to the situation and find humor in it reflects his resilience and pragmatic approach to challenges.