Subject: Re: China bans Iphones for government employees
'I wonder what Warren thinks of the broader China risk??? He walked away from TSMC due to geopolitical risk between China and Taiwan.

Will be interesting. Perhaps on a pullback he buys more.'

WEB and CTM both seem to absolutely love Apple, ecosystem, Tim Cook, huge consistent buybacks & treatment of shareholders, balance sheet and consumer addiction to their products. I think WEB even considers our huge position almost like another BRK subsidiary. WEB seems incredibly calm and thoughtful when he reads potentially unsettling headlines, and I would not be surprised if he added a bit more of there is much more than this 10% pullback.

I've owned it since '06 and added to it over the years (in a taxable account)with rare minimal trimming. It is my #2 position and I am sitting tight as I suspect WEB is but certainly not critical of your sell decision at a good price. I trust Tim and his crew to navigate these uncertain and choppy waters as well as anyone , and they continue to expand the supply chain beyond China over time. They've done a nice job climbing and choosing a successful route up wall of worry over the years and looking out long-term.