The video of the interview is embedded below. Follow the headline link to a transcript of the interview. This is the source of the comment, “We acquire a company on average, every two to three weeks”, that’s been flying around the blogs the last day or so. But the interview is much more than that, and absolutely worth watching.
Watch/read Tim Cook’s full interview after the Berkshire Hathaway shareholder meeting
Very interesting read. But I’m pretty much over Warren Buffett. He owns a company that is robbing poor people by purchasing vast numbers of mobile home parks and then jacking up the rent 300 percent or more. He can’t not know this is happening. Time to find better friends, Tim.
What’s happening with mobile home parks is another appalling example of greed at the expense of the less fortunate, but I don’t think you can implicate Warran Buffett. Clayton Homes builds the structures and furnishes loans, but as far as I know has no part in the land-ownership side of the picture where the abuses are taking place.
Indeed Buffett cleaned up Clayton’s act with regard to loan practices, so by most accounts I’m familiar with, Berkshire’s ownership of Clayton has actually been a net positive for mobile home owners.