Warren Buffett and Greg Abel Just Sent Shockwaves Through Wall Street With This $377 Billion Warning
Key PointsIt’s been a year of significant change for Berkshire Hathaway and its shareholders following Warren Buffett’s retirement as CEO at the end of 2025.
Berkshire Hathaway has experienced a period of significant change following the retirement of longtime CEO Warren Buffett at the end of last year. According to the Motley Fool, Buffett's departure paved the way for his understudy, Greg Abel, to manage day-to-day operations and oversee a $359 billion investment portfolio. Nasdaq Markets notes that Buffett's retirement as CEO occurred at the end of 2025.
The company's third-quarter operating results, released on November 7, reported a $12.7 billion operating profit and an increase in share repurchases. The Motley Fool reports that Berkshire Hathaway's cash pile, consisting of cash, cash equivalents, and U.S. Treasury bills, has grown to $377.4 billion. Additionally, the Motley Fool states that Warren Buffett and Greg Abel have been net sellers of stocks in 15 of the last 16 quarters.
Brief written by urgent.news from Nasdaq Markets, Motley Fool — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
