Buffett will remain chairman, but he aims to turn over investing oversight to Greg Abel, the company's vice chairman of non-insurance operations. The board of directors followed up by unanimously voting in favor of the move, paving the way for Abel to take over as of Jan. 1, 2026.

Let's see what Buffett had to say and what it means for investors. The post 16 words from Warren Buffett that should have Apple stock investors excited appeared first on The Motley Fool Australia.