Key Takeaways Buffett has long been a big proponent of the index funds that Bogle helped bring to the masses.However, his public declaration that Bogle is an American hero may have also been influenced by the fact that one of Bogle's funds just helped Buffett win a $1 million bet.

At Berkshire Hathaway’s annual meeting earlier this year, Warren Buffett showed just how much of a fan he is of Apple’s CEO, Tim Cook. “Tim Cook has made Berkshire a lot more than I have made Berkshire,” Buffett said to laughter in the room. It was funny, but considering that Apple is Berkshire’s largest holding, I don’t think it was hyperbole.

No one can know, but here’s how to think about it.

Top political and market headlines this weekend include stock trades by lawmakers, Trump's tech export tax, and calls for Fed action after weak job data.

It’s that one decision Buffett says you can’t afford to ignore. Integrity is such a non-negotiable aspect of Warren Buffett’s business practice that he vows the key to success is to associate only with people who possess it. He once said:

Investing in index funds or exchange-traded funds is often simpler and more straightforward than buying individual stocks. Each fund may contain dozens or even hundreds of stocks,

Berkshire Hathaway's Q2 2025 portfolio sees changes with new stakes, position trims, and notable increases. Read here for more insights.