Berkshire Hathaway shares have recovered to near all-time highs after a modest pullback when Warren Buffett announced his retirement as CEO and Greg Abel took over at the end of 2025. The 52-week low was less than 10% below the 52-week high, and the stock is now within two percentage points of those peaks. The article argues that about 10 months is too short to prove Abel's leadership, though his business decisions suggest he is unlikely to undermine what Buffett built. It attributes the rebound more to investors valuing Berkshire's diversified, steady, cash-generating businesses amid concerns about an AI bubble, with cash of more than $350 billion seen as a buffer in a bear market. The article concludes that it will be a few years before the success of the CEO transition can be judged.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Berkshire HathawayWarren BuffettGreg Abel
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 755.71 |
| Change that session | -1.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- 10 Stocks Warren Buffett and His Successor, Greg Abel, Plan to Hold Forever
Greg Abel took over as Berkshire Hathaway's CEO after Warren Buffett retired on Dec. 31, and in the first quarter he sold 16 stocks while buying Alphabet. Still, Buffett's 2023 letter and Abel's first shareholder letter both named stocks the company plans to hold long term: Buffett labeled eight companies, including Coca-Cola, American Express, Occidental Petroleum and Japan's five trading houses, as indefinite holdings, while Abel expects four companies, including Coca-Cola and American Express, to compound over decades. Coca-Cola, American Express and Moody's, held since 1988, 1991 and 2000, show yields on cost of 65%, 45% and 41%, respectively. Abel has also favored Japan's trading houses, which have traded at more attractive P/E multiples than U.S. stocks. Apple remains Berkshire's largest holding even though Buffett sold 75% of its stake over nine quarters, and its P/E is now almost 40, compared with 10 to 15 times earnings when Buffett began buying in 2016.
- Berkshire Hathaway: Is the Stock Still a Safe Buy Without Warren Buffett?
Greg Abel took over as CEO of Berkshire Hathaway this year, replacing Warren Buffett, and the stock has risen around 9% so far this year. Buffett stepped down as chairman last month, with his son Howard taking the role to guard the company's values and culture, while Abel runs the business and Buffett is expected to be far less involved. The author flags uncertainty because Abel has no prior experience managing a portfolio the size of Berkshire's, and notes the company has added to its Alphabet stake and taken a stake in serial acquirer Bending Spoons, which could raise risk and volatility. He says the portfolio may look far different over the next few years, so he is taking a wait-and-see approach for now.
- Berkshire shares shake the Buffett blues with new all-time highs
Berkshire Hathaway's Class A and B shares closed at all-time highs this week, erasing the losses since Warren Buffett announced at the 2025 shareholders meeting that he would step down as CEO. Class A closed at $820,500 and Class B at $546.97 on Thursday, compared with $809,350 and $539.80 on May 2, 2025. Class B has gained almost 9% since early October, while the S&P 500 slipped 0.4% and the NYSE FANG+ index fell almost 4.8% as investors rotated out of tech and AI stocks. Commentators cited Berkshire's more than $350 billion in cash and close to $50 billion in annual after-tax earnings as a defensive profile, while CEO Greg Abel sees supplying energy to AI data centers as a significant opportunity. Berkshire also holds a $34 billion position in Alphabet.
- Why Berkshire's Latest Move Proves It's Not Really a Warren Buffett Company Anymore
Greg Abel took over as Berkshire Hathaway CEO at the start of 2026, though Warren Buffett and Abel are reportedly in regular contact on investment decisions. Berkshire has taken a stake in Milan-based Bending Spoons, investing $600 million in its IPO over the summer and adding $330 million since, a position of about 0.4% of its portfolio. The author argues this is out of character for Buffett, who was skeptical of acquisitive companies and prefers consistent, predictable earnings, while Bending Spoons buys and turns around troubled software businesses. The author sees the move as a possible turning point toward more risk-taking and tech investment under Abel, and suggests a wait-and-see approach to the stock until his investment choices become clearer.
- This Table Explains Exactly Why Warren Buffett and Berkshire Hathaway Have Struggled to Find Stocks to Buy and Where You Can Find Great Value Stocks Right Now
Greg Abel ended Berkshire Hathaway's 14-quarter streak last quarter by buying more stocks for the marketable equity portfolio than he sold. Warren Buffett had previously trimmed large positions, leaving Abel with a record $369 billion in cash. The article attributes the difficulty in finding opportunities to valuations: large-cap stocks trade at a premium of 10% to 19% to their historical levels, and value stocks are the most overvalued relative to their historic range. In contrast, small- and mid-cap value stocks trade below historical valuations, a segment that large institutions often overlook while individual investors can invest more freely. The article mentions two value ETFs, AVUV and DFAT, which both add profitability screens to avoid value traps.
- Greg Abel Made Major Additions to Alphabet and Delta Last Quarter While Berkshire Bought Back $4.4 Billion of Its Own Stock. Is This a Buying Signal Investors Should Watch?
In the second quarter, Berkshire Hathaway under CEO Greg Abel, Buffett's successor, significantly added to its Alphabet (GOOGL, GOOG) holdings and bought 17.5 million more shares of Delta Air Lines (DAL), raising its stake by 44% to more than 57 million shares. The company also repurchased $4.5 billion of its own Class B shares, up from about $235 million in the first quarter, at average prices of $476.01 in May and $487.98 in June. Berkshire's rules allow buybacks only when the CEO judges the price is below its conservatively estimated intrinsic value, so the article treats the purchases as a sign that Abel sees value in the stock. Berkshire ended June with about $359.2 billion in cash and short-term investments, leaving room for further investments. The article suggests these repurchases are a useful starting point for evaluating the stock.
Related markets
Latest news
- Bảo Tín Mạnh Hải 9999 Gold Price Today, 1/11/2026: How Much Per Chỉ?
According to the article, at 7h30 on 1/11, 9999 gold at Bảo Tín Mạnh Hải ranged from 12.5 to 14.2 million VND per chỉ, depending on type and buy-sell price. The piece presents the price table as of that time and compares 9999 gold prices at Bảo Tín Mạnh Hải with other major brands in Vietnam. It describes 9999 gold as having 99.99% purity, which is soft and easily dented, and is usually made into bars or plain rings. The article stresses that the information is for reference only, as prices may change during the day.
- Mobilizing 2,000 People, Vietnam's Neighbour Finds About 1,000 More Tonnes of Gold
On 31 October, China's Ministry of Natural Resources released results of a re-evaluation of strategic mineral resources, showing gold resources rose by an amount equivalent to 50 large mines, or at least about 1,000 tonnes using the 20-tonne threshold for a large gold mine. Most of the increase came from re-assessing low-grade, previously hard-to-mine resources at known deposits rather than from new discoveries. The survey began in 2024, mobilizing nearly 2,000 surveyors from more than 100 units across 27 provinces, autonomous regions and municipalities, covering 17 strategic minerals and more than 1,800 mines. Nickel resources rose by roughly 30 large mines, and rhenium resources more than doubled. A new assessment programme for 2026-2030 has also been launched.
- I Graded Microsoft's Latest Report on 3 Things. Here's My Verdict on the Stock.
Microsoft reported fiscal first-quarter 2027 results (three months ending Sept. 30, 2026): revenue rose 19% to $92.3 billion and adjusted EPS grew 18%, while the stock barely moved. Azure revenue grew 48%, beating the company's 44% to 45% constant-currency forecast, even though some third-party data center capacity arrived late. However, capital expenditures reached $45.2 billion, free cash flow fell about 27% to $18.6 billion, and Microsoft Cloud's gross margin dipped to 66%. For the next quarter, management expects Azure growth of 49% to 50% and capex above $50 billion. The author grades Azure an A, spending and margins a C+, and the outlook a B+; with shares near $530, about 29 times adjusted earnings, the author feels the stock already reflects most of the good news and wants a lower price.
- Hundreds of Millions of USD Withdrawn From Bitcoin, ETH ETFs After Binance Hack
U.S. spot Bitcoin, Ethereum and Solana ETFs recorded net outflows of nearly 790 million USD on October 30, as the crypto market came under pressure after a cyberattack led to the theft of about 6.3 billion USD in digital assets from Binance. Bitcoin ETFs alone saw 643 million USD withdrawn, concentrated in BlackRock's IBIT (233.7 million USD) and Fidelity's FBTC (201 million USD). According to Reuters, most of the assets were taken within about 20 minutes, while Binance said the incident involved a breach of its transaction approval system and that it would use company resources to cover losses. Bitcoin fell to 76,368 USD and Ethereum touched 2,178 USD before partially recovering. One expert said the bigger risk lies in liquidity disruption if Binance restricts deposits and withdrawals.
- J.P. Morgan Just Made a Bold Prediction About Bitcoin. Should You Buy It?
In its 2027 Long-Term Capital Market Assumptions report, published in October 2026, J.P. Morgan projects Bitcoin will return 10% annually over the next decade, versus 7.5% for large U.S. stocks, with volatility of 55% compared with 18%. It is the first time the report includes a Bitcoin return forecast, though it does not suggest a specific allocation. The article cites BlackRock's findings (a 2% Bitcoin allocation in a 60/40 portfolio accounted for 5% of total risk) and Morgan Stanley's view (at most 4% for the most aggressive portfolios), arguing that an allocation below 5% fits most investors. It also stresses that investors who struggle with large price swings may find Bitcoin hard to hold.
- Microsoft (MSFT) Lands $25 Billion Bond Deal As AI Push Deepens
Microsoft completed a record US$25 billion multi-tranche bond sale, its first major issuance in nearly a decade. The company said the proceeds will support long-term funding for AI infrastructure and its cloud platforms, alongside an expanded AI collaboration with The Estée Lauder Companies. The fixed and floating rate senior unsecured notes mature in 2 to 40 years, raising total debt while staggering repayments, and the AAA rating and strong earnings support interest costs. The article explains that borrowing despite strong cash flow helps lock in long-term funding for AI data centers and spreads the cost of planned US$170b to US$190b capex for calendar 2026. It names free cash flow and Microsoft Cloud margins over the next four quarters, along with net debt to free cash flow, as indicators for judging the AI financing.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.