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, the Wall Street icon and "Oracle of Omaha," initiated Berkshire Hathaway's recent purchase of Alphabet shares, according to CNBC. Buffett stepped down as CEO at the end of 2025, but he did not truly retire; he shifted to the position of president of the board. This move allowed him to remain in control and available to help out as needed.
Given that Buffett played a significant role in orchestrating the large recent Alphabet stock buy, it appears he is still calling the shots when it comes to investing decisions at Berkshire Hathaway.
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- 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. fool.com
- Warren Buffett's Successor Greg Abel Spent $4.5 Billion Buying 1 Stock Last Quarter, and He Spent At Least $3.3 Billion Buying More This Quarter nasdaq.com
