{
  "id": 19281210,
  "title": "Warren Buffett's Successor, Greg Abel, Just Added Another Tech Stock to Berkshire's Portfolio. Here's What He Sees.",
  "url": "https://urgent.news/2026/11/10/warren-buffetts-successor-greg-abel-just-added-another-tech-stock-to",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-10T04:00:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/09/warren-buffetts-successor-greg-abel-just-added-ano/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "In October of 2026, Berkshire Hathaway, now overseen by Greg Abel, added to its investment in Italian technology company Bending Spoons (BSP). The company had first invested in Bending Spoons during its IPO in July, and subsequently made a $330 million private placement investment, bringing its total stake to 4%. Bending Spoons is not your average software firm. Its unique strategy involves acquiring established digital businesses and reinvesting profits into subsequent acquisitions. Once a business is taken over, the company enhances the technology, restructures teams, redesigns products, and strengthens marketing efforts. Currently, Bending Spoons owns notable brands like AOL, Eventbrite, Vimeo, and recently Miro, a visual collaboration platform. The company's approach is markedly different from traditional private equity firms, who typically buy, restructure, and then sell companies within a few years. Instead, Bending Spoons aims to create a long-term compounding machine. By improving acquired businesses and generating growing earnings, the cash flow can fund future acquisitions, making the platform larger and more diversified. Moreover, Bending Spoons emphasizes operational excellence, and Abel's investment provides the company with greater financial flexibility to pursue future opportunities. One of Bending Spoons' key advantages is its platform that combines people, proprietary technologies, data, and talent. The company utilizes artificial intelligence (AI) as a central part of its vision for acquired businesses and a key tool for carrying out transformations. By applying lessons, technology, and processes from its existing businesses to new acquisitions, Bending Spoons can integrate and improve each addition more easily. However, there is risk of underperforming acquisitions putting pressure on the compounding model. The company must also continually find attractive businesses at reasonable prices and successfully integrate and enhance them. Currently, Bending Spoons trades at a price-to-earnings ratio of about 102, indicating high growth expectations. Despite this, eight out of twelve Wall Street analysts covering the stock rate it a buy or higher, with an average target price of nearly $48, suggesting about 12% potential upside over the next year. In summary, Bending Spoons offers Berkshire a unique tech investment built on acquiring businesses, improving operations, and compounding value over the long term.",
  "summary": "Berkshire Hathaway added $330 million to its Bending Spoons stake. Here's why it fits the portfolio and the risks involved.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Meet the Dividend Stock That Warren Buffett Backed for Decades. Here's Why Greg Abel Is Still Holding.",
        "url": "https://urgent.news/2026/11/03/meet-the-dividend-stock-that-warren-buffett-backed-for-decades-heres-17996477",
        "published": "2026-11-03T17:05:00.000Z"
      }
    ]
  },
  "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."
}