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Markets · Investing · Business
Finance
Greg Abel Just Plowed $4.2 Billion Into Warren Buffett's All-Time Favorite Stock
Warren Buffett bought a whopping $77.8 billion worth of this stock between 2018 and 2024, and it isn't Apple.
Warren Buffett served as chief executive officer of the Berkshire Hathaway(NYSE: BRKA)(NYSE: BRKB) holding company from 1965 to 2025. He turned it into a $1 trillion conglomerate with numerous wholly owned subsidiaries, a $350 billion stock portfolio, and over $300 billion in cash.
That's a tough act to follow for Buffett's chosen successor, Greg Abel, who took the reins at the beginning of 2026. But during the second quarter, ended June 30, he plowed $4.2 billion into Buffett's all-time favorite stock, which should be a very popular move with Berkshire's shareholders. Read on.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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