Greg Abel Has Plowed $14.4 Billion Into Warren Buffett's Favorite Stock This Year, and It's Not Apple

During his tenure as CEO, Greg Abel has allocated an impressive $14.4 billion towards Warren Buffett's favored stock this year, a move that often pleases shareholders. Known for his preference in investing in companies with consistent growth, solid profits, and experienced management, Buffett has a notable fondness for businesses that return value to shareholders through initiatives such as stock buybacks and dividends.

For instance, his long-term investment in Coca-Cola from 1988 to 1994, which amounted to around $1.3 billion, has since surged to an estimated $38.2 billion, generating Berkshire $848 million in dividends annually. While Buffett sold most of his Apple stake in 2025, it remains one of the conglomerate's most profitable investments.

Berkshire's 60-year rule under Buffett's leadership has yielded a compound annual return of 19.7%, significantly outpacing the S&P 500's average annual return of 10.5%. Amidst this success, Abel has demonstrated his own investment prowess by investing over $20 billion in Alphabet so far, and strategically boosting Berkshire's buyback program with $235 million in the first quarter of 2026, $4.5 billion in the second quarter, and $9.6 billion in the third quarter.