Don't Be Fooled: Warren Buffett's and Greg Abel's $366 Billion Warning to Wall Street Echoes Louder Than Ever
Despite Abel being a net buyer of stocks in the second quarter, Berkshire Hathaway's exorbitant cash pile tells a different and far more concerning story.
Overview
With the exception of monthly inflation reports, Federal Reserve meetings, and perhaps Nvidia's operating results, there's arguably no event more anticipated on Wall Street than Berkshire Hathaway's (NYSE: BRKA)(NYSE: BRKB) quarterly earnings release.
For several years leading up to his retirement as CEO, the Oracle of Omaha, Warren Buffett, was a net seller of equities. This was a trend that continued for a 14th consecutive quarter after his protégé, Greg Abel, took the reins as Berkshire's new CEO beginning Jan. 1.
Warren Buffett retired as Berkshire Hathaway's CEO on Dec. 31, 2025. Image source: The Motley Fool.
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Originally published at www.fool.com.