Ross Gerber Slams Warren Buffett’s Apple Exit - Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

Tech investor Ross Gerber says AI is nothing like the dot-com bubble — and Warren Buffett was wrong to pare Apple

Ross Gerber said Warren Buffett was wrong to sell a large chunk of his Apple position. Emma McIntyre/Getty Images Tech investor Ross Gerber said the AI boom is nothing like the dot-com bubble — and Warren Buffett was wrong to slash his Apple stake. The cofounder and CEO of Gerber Kawasaki Wealth and Investment Management told Business Insider that he “traded through” the internet mania around the turn of the millennium. The AI craze “just isn’t …

Ross Gerber Slams Warren Buffett’s Apple Exit - Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

Tech investor Ross Gerber dismissed comparisons between the AI boom and the dot-com bubble. He also criticized Warren Buffett for reducing his stake in Apple Inc. (NASDAQ: AAPL).

Ross Gerber traded through the dot-com bubble. He says it's nothing like the AI boom.

Ross Gerber said Warren Buffett was wrong to sell a large chunk of his Apple position.Emma McIntyre/Getty ImagesThe AI craze is a long way from the excesses of the dot-com bubble, Ross Gerber told Business Insider.Valuations aren't absurd, top companies are printing money, and AI will be transformative, he said.The tech investor said Warren Buffett erred by paring his Apple stake and has an outdated portfolio.Tech investor Ross Gerber said the A…