- Berkshire Hathaway CEO Greg Abel shifted the conglomerate to a net buyer of stocks in the second quarter of 2026, purchasing $17 billion of Alphabet along with $1.64 billion of Delta Air Lines, $273 million of Lennar, and $101 million of Macy's.
- This investment strategy contrasts with Warren Buffett's previous stance, as Buffett maintained Berkshire as a net seller of stocks for 13 straight quarters and ended 2025 with $373.3 billion in cash because he views the market as overvalued.
- Abel's recent acquisitions of cyclical stocks and sales of financial and defensive holdings indicate a departure from traditional value investing practices, showcasing differing perspectives between Buffett and his successor.
