According to an exclusive CNBC interview, Warren Buffett disclosed that he personally proposed Berkshire Hathaway's $30 billion investment in Alphabet, contrary to market speculation that successor CEO Greg Abel initiated the move. Buffett stated he suggested the idea first, though Abel's approval was required as final decision-maker.
Buffett reaffirmed Apple remains his favorite stock, with Berkshire holding approximately $76 billion in Apple shares. He expressed disappointment over Tim Cook's planned departure but maintained confidence in Apple's long-term prospects. Additionally, Buffett announced plans to divest all Berkshire stock within eight years—accelerated from a prior ten-year timeline—with proceeds directed to his three children's family foundations and the Susan Thompson Buffett Foundation, rather than the Bill Gates Foundation.