The playbook for precious metals will be turned upside down in 2026. Gold, often dismissed by critics like Warren Buffett as a “useless” asset that does nothing, surpasses silver, a metal deeply embedded in electronics, medicine, water treatment and manufacturing. After more than a year of silver dominating headlines with blistering rallies, the white metal […]
Berkshire Hathaway has increased the annual salary of its new CEO Greg Abel to $25 million, a sharp jump from the $100,000 salary Warren Buffett chose for more than four decades while running the company, according to a Reuters report.The pay revision comes days after Buffett formally left his position at the end of December. […]
Warren Buffett said Berkshire Hathaway is uniquely positioned to stand the test of time as he has formally handed over the role of CEO to his chosen successor Greg Abel, providing strong personal support for the transition.“I think it’s more likely to still be around in 100 years than any other company I can think […]
Berkshire Hathaway’s post-Buffett era got off to a quiet start Friday, as shares fell slightly after the “Oracle of Omaha” gave Greg Abel the top job after six decades at the helm. The world’s most famous conglomerate must now protect its reputation without its chief architect, who reshaped modern investing and transformed the company from […]
January 1, 2026 Editor’s note: Equitymaster wishes you a happy and prosperous New Year! Image source: rvimages/www.istockphoto.com The stock market is a fantastic invention of the modern world. The reason I say this is because both buying and selling is so easy when you have a large, liquid stock market. If you don’t like a […]
Shares of Berkshire Hathaway closed slightly lower on Wednesday as Warren Buffett prepared to step down as CEO, handing over leadership to Greg Abel on Thursday. Class A shares fell $600, or 0.1%, to $754,800, while Class B shares fell $1.06, or 0.2%, to $502.65. The broader Standard & Poor’s 500 index fell 0.7% on […]
Warren Buffett will step down as CEO of Berkshire Hathaway on December 31, closing a six-decade chapter that has reshaped American capitalism and transformed a struggling New England textile manufacturer into one of the world’s most valuable conglomerates. The announcement, made at Berkshire’s annual shareholder meeting this spring, sets in motion a carefully choreographed succession […]
Warren Buffett and Michael Burry, two closely watched investors in global markets, are taking diametrically opposed positions on the madness of artificial intelligence, setting off a rare, high-stakes clash over whether Silicon Valley’s hottest trade is a once-in-a-generation opportunity or a bubble waiting to burst. Their views, revealed in recent exposés and letters, come as […]
Shares of Alphabet rose nearly 6% to a record high on Monday after Berkshire Hathaway’s new stake boosted the tech giant’s efforts in artificial intelligence amid heightened concerns about a looming bubble.The purchase of 17.85 million Alphabet shares — worth about $4.93 billion at the close on Friday — is one of the latest major […]
Berkshire Hathaway unveiled a $4.3 billion stake in Google parent Alphabet and further cut its stake in Apple, laying out its stock portfolio for the last time before Warren Buffett ends his 60-year tenure as CEO. In a filing Friday with the U.S. Securities and Exchange Commission, Berkshire said it owned 17.85 million Alphabet shares […]