Warren Buffett's Successor, Greg Abel, Has 34.7% of Berkshire Hathaway's Portfolio Invested in These 2 Artificial Intelligence (AI) Stocks
Buffett's wisdom is timeless.
Overview
Warren Buffett, the legendary CEO of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB), stepped down from his role at the beginning of 2026. His successor is Greg Abel, who previously served as the vice chairman of the conglomerate's non-insurance operations. This change in management likely won't have a substantial impact on how Berkshire Hathaway operates, including its portfolio management. Buffett is still deeply involved with the company, and Abel embraces the Oracle of Omaha's investing philosophy.
Case in point: Since Abel took over -- and other than getting rid of some positions formerly managed by Todd Combs, who recently left the company -- Berkshire Hathaway has doubled down on stocks Buffett loves. Two excellent examples are Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). These two combine for 34.7% of Berkshire Hathaway's portfolio. Here's why both stocks have a great future.
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Originally published at www.fool.com.