{
  "id": 15296315,
  "title": "Greg Abel Made Major Additions to Alphabet and Delta Last Quarter While Berkshire Bought Back $4.4 Billion of Its Own Stock. Is This a Buying Signal Investors Should Watch?",
  "url": "https://urgent.news/2026/10/17/greg-abel-made-major-additions-to-alphabet-and-delta-last-quarter",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T22:30:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/17/greg-abel-made-major-additions-to-alphabet-and-del/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "When Warren Buffett stepped down as CEO of Berkshire Hathaway, Greg Abel became the new leader. Within a year of Abel taking over, Berkshire Hathaway has shown signs of his management style through significant stock purchases. During the second quarter, Berkshire added to its positions in Alphabet and Delta Air Lines. Moreover, it bought back $4.5 billion of its own shares. These actions indicate that Abel is following Buffett's philosophy of buying stocks at attractive prices, rather than investing without finding good opportunities. Berkshire Hathaway currently has $359.2 billion in cash and short-term investments, and with its aggressive buying strategy, there is still plenty of money available for future investments.",
  "summary": "Berkshire Hathaway, under the leadership of Greg Abel, has made significant additions to its holdings in Alphabet and Delta Air Lines during the second quarter. The company increased its Alphabet position substantially, adding millions of shares, and bought an additional 17.5 million shares of Delta, increasing its stake by 44%. This aggressive buying strategy comes after Berkshire accumulated a large cash reserve, preferring to wait for attractive investment opportunities. The company has a rule that allows it to buy back shares only when its CEO determines that the price is below its conservatively estimated intrinsic value, indicating that Abel is not simply buying because the company has money available. Instead, he is buying because he believes the stock offers value. Berkshire's diverse business portfolio, including iconic brands and blue chip companies, provides investors with exposure to various parts of the economy. The company's recent repurchases offer a useful starting point for evaluating the stock, as Berkshire's leadership is willing to spend billions buying its shares.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Meet Warren Buffett Successor Greg Abel's Newest Investment: Bending Spoons. Should Investors Follow Suit and Buy the Stock?",
        "url": "https://urgent.news/2026/10/17/meet-warren-buffett-successor-greg-abels-newest-investment-bending",
        "published": "2026-10-17T09:42:00.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Meet Warren Buffett Successor Greg Abel's Newest Investment: Bending Spoons. Should Investors Follow Suit and Buy the Stock?",
        "url": "https://urgent.news/2026/10/17/meet-warren-buffett-successor-greg-abels-newest-investment-bending-15178835",
        "published": "2026-10-17T10:02:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}