World's 'greatest' investor recalls when Steve Jobs asked him what do with Apple's cash

A 2012 conversation between Steve Jobs and Warren Buffett resurfaced, highlighting Jobs' query on managing Apple’s cash reserves. Buffett suggested options like stock buybacks, dividends, acquisitions, or holding the cash. Jobs believed Apple’s stock was undervalued but eventually chose to keep the cash.

from Times of India https://ift.tt/xn6Y03D
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A 2012 conversation between Steve Jobs and Warren Buffett resurfaced, highlighting Jobs' query on managing Apple’s cash reserves. Buffett suggested options like stock buybacks, dividends, acquisitions, or holding the cash. Jobs believed Apple’s stock was undervalued but eventually chose to keep the cash.
A 2012 conversation between Steve Jobs and Warren Buffett resurfaced, highlighting Jobs' query on managing Apple’s cash reserves. Buffett suggested options like stock buybacks, dividends, acquisitions, or holding the cash. Jobs believed Apple’s stock was undervalued but eventually chose to keep the cash.
August 10, 2024 at 01:11AM