Warren Buffett’s Successor, Greg Abel, Has Nearly 30% of Berkshire Hathaway’s $351 Billion Portfolio in These 2 Magnificent Artificial Intelligence (AI) Stocks
Publish Date: 2026-07-16 11:23:00
Source Domain: www.theglobeandmail.com
- Berkshire Hathaway’s Investment Focus: In the first half of the year, Berkshire Hathaway heavily invested in Alphabet while maintaining Apple as its largest holding.
- Shift in Leadership: Greg Abel has succeeded Warren Buffett as CEO, introducing changes to Berkshire’s portfolio, including doubling down on Alphabet and exiting stakes in Amazon and Domino’s Pizza.
- Apple and Alphabet Valuation: Despite the frothy market, Apple and Alphabet offer reasonable valuation relative to their growth potential, with premium prices justified due to their competitive moats and strong cash generation.
- Shift in Technology Investments: Abel reflects Buffett’s investing philosophy by focusing on long-term growth, even avoiding volatile technology stocks with a strong commitment to AI leaders Apple and Alphabet.
- Alphabet’s Strong Position: Under Abel’s leadership, Berkshire has significantly increased its stake in Alphabet, highlighting confidence in its long-term growth through diversified revenue streams and competitive market positions.
