Buffett Watch

Warren Buffett: Steve Jobs Didn't Take My Advice to Buy Back Apple Stock

Steve Jobs
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During his live "Ask Warren" appearance on CNBC's Squawk Box this morning, Warren Buffett recounted a telephone call he got from the late Apple CEO Steve Jobs a couple of years ago:

"It was an interesting conversation because I hadn't talked to him in a long time.  He said, 'We've got all this cash.  What should we do with it?'  So we went over the alternatives.  It was kind of interesting."