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As part of Buffett's stock sales, he trimmed about 13% of Berkshire's massive Apple stake. Holdings in the iPhone maker are still Berkshire's biggest stake, making up $135.4 billion of the company's $364 billion portfolio. Buffett said he expects Apple to remain the biggest investment for years, even when his successor Greg Abel eventually takes over.

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Thousands pack Omaha arena to soak up guru investor Warren Buffett's wisdom

As part of Buffett's stock sales, he trimmed about 13% of Berkshire's massive Apple stake. Holdings in the iPhone maker are still Berkshire's biggest stake, making up $135.4 billion of the company's $364 billion portfolio. Buffett said he expects Apple to remain the biggest investment for years, even when his successor Greg Abel eventually takes over.