Warren Buffett Told CNBC 'I Initiated It' About Berkshire's Alphabet Bet, and New Reporting Says He's Still Calling the Shots on Stocks. Here's What That Means for Reading Greg Abel's Tenure.
Key PointsFor a long time, Berkshire Hathaway was Warren Buffett's investment vehicle.
Warren Buffett's successor, Greg Abel, has placed 68% of Berkshire Hathaway's portfolio in just five stocks. This investor's approach echoes his mentor's style of selecting quality companies and holding them for the long haul. Buffett's portfolio has generated market-beating returns over six decades by backing a handful of companies.
Coca-Cola and American Express are among the key positions Buffett has held for years. At the helm since Buffett's retirement in 2025, Abel is committed to preserving this strategy. Currently, 68% of Berkshire Hathaway's investment portfolio is concentrated in five companies. Here is the author's top stock pick for September.
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