Search results for Greg Abel
Finance
Berkshire Hathaway is overtaken by tech stocks, with focus also on succession
Berkshire Hathaway is lagging the S&P 500 so far in 2026, with its Class B shares down 1.8 percent while the index is up 10.7 percent, according to Cryptopolitan. Including dividends, the performance gap widens further, with the S&P 500 total return at 11.4 percent. The gap was largest on June 1 and narrowed somewhat after a June rebound, but the overall trend remained weak. Investors are also watching succession to Greg Abel.
Finance
Berkshire sells entire stakes in Visa, Mastercard; not due to performance
Berkshire Hathaway has sold its entire stakes in Visa and Mastercard, prompting market focus on whether the move signals a broader portfolio reshuffle. A quarterly report showed Berkshire also fully exited some holdings such as Amazon. The sales are being read as the first major rebalancing under Greg Abel, who is effectively leading portfolio management, and may reflect a move away from positions linked to Todd Combs. Visa’s recent business indicators were described as solid.
Industry
Berkshire Hathaway shares lag rebound, marking worst performance this century after Buffett departure
Berkshire Hathaway has lagged a recent U.S. stock market rebound, posting its biggest relative underperformance so far this year. The S&P 500 broke above 7,100 for the first time, while Berkshire’s A and B shares fell less than 1 percent this month. The stock is more than 12 percent below its record high in May last year. Analysts link the weakness to Warren Buffett’s retirement plan and investor focus on successor Greg Abel.
