Warren Buffett Talks Selling Berkshire’s Paramount Stake, Apple Stock at Berkshire’s Annual Meeting

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OMAHA, NEB.—Shareholders descended here for Berkshire Hathaway annual gathering Saturday morning to hear from Warren Buffett, company CEO and, for many, their investing mentor. Buffett, for the first time, is taking the stage without his longtime partner, Charlie Munger, who died in November, just weeks before his 100th birthday. The meeting kicked off with a kind of otherworldly moment where CNBC’s Becky Quick talked about Berkshire reducing its massive stake in Apple with Tim Cook watching her talk about it in person.