Earlier on Tuesday, in an opinion piece published by USA Today, Buffett, Blankfein, Bloomberg and Harvard Business School professor Michael Porter called for reduced regulatory burdens and increased transparency in borrowing.
Shares of Apple rose 3.7 percent on the news, closing up $3.36 at $93.88. Berkshire made its investment in the first quarter, before the iPhone maker in April reported its first quarterly revenue decline in 13 years.
Warren Buffett's Berkshire Hathaway Inc revealed a more than $1 billion stake in Apple Inc , a rare foray into the technology sector that the billionaire has largely shunned, apart from a poorly performing investment in IBM.
Warren Buffett, the CEO of Berkshire Hathaway Inc, is known for his keen eye for a bargain. And there were plenty on offer for shareholders attending Berkshire's annual meeting over the weekend, where goods from some 50 Berks
Berkshire Hathaway's idiosyncrasies were on display this weekend, as tens of thousands of people filled an arena to listen to Warren Buffett and Charlie Munger talk business for several hours Saturday at the conglomerate's an