One of Wall Street's largest publicly traded companies, Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), has entered a new era. With Warren Buffett officially retiring as CEO on Dec. 31, 2025, after more than half a century at the helm, it's his protégé, Greg Abel, now calling the shots.
Berkshire's more than five dozen owned companies more or less run themselves. The focus of Berkshire Hathaway's operating results tends to be on what, if any, moves have been made in the company's $352 billion investment portfolio. Although Abel has been an aggressive buyer of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) stock of late, stock market dynamics strongly suggest he was a net seller of equities in the second quarter.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
If accurate, this would mark the 15th consecutive quarter that Buffett and/or Abel have sold more stocks than they've purchased.
As of March 31, Warren Buffett and Greg Abel had collectively sold approximately $194.8 billion more in stocks than they've purchased since Oct. 1, 2022. While some investors had postulated that Buffett was raising cash to give Abel a treasure chest to work with when he took over, the more likely catalyst behind this selling is the stock market's otherworldly valuation.
#abel #signal #NYSE
Berkshire's more than five dozen owned companies more or less run themselves. The focus of Berkshire Hathaway's operating results tends to be on what, if any, moves have been made in the company's $352 billion investment portfolio. Although Abel has been an aggressive buyer of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) stock of late, stock market dynamics strongly suggest he was a net seller of equities in the second quarter.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
If accurate, this would mark the 15th consecutive quarter that Buffett and/or Abel have sold more stocks than they've purchased.
As of March 31, Warren Buffett and Greg Abel had collectively sold approximately $194.8 billion more in stocks than they've purchased since Oct. 1, 2022. While some investors had postulated that Buffett was raising cash to give Abel a treasure chest to work with when he took over, the more likely catalyst behind this selling is the stock market's otherworldly valuation.
#abel #signal #NYSE
3 months ago
