Warren Buffett's Successor, Greg Abel, Is Wagering Heavily on an AI-Driven Future

Published September 18, 2026 · Category: Finance

Overview

For more than half a century, Warren Buffett steered the ship at Berkshire Hathaway (NYSE:BRKA)(NYSE:BRKB). His generally conservative approach worked phenomenally well, with Berkshire's Class A shares (BRKA) outpacing the benchmark S&P 500 (SNPINDEX:^GSPC) by more than 6,000,000% since the mid-1960s.

But when the Oracle of Omaha retired on Dec. 31, perhaps so did Berkshire's conservative investment approach. Buffett's successor, Greg Abel, has made it clear that his company is pursuing artificial intelligence (AI) growth opportunities in two areas: investments, such as Google parent Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG), and energy services via Berkshire Hathaway Energy.

Warren Buffett retired as Berkshire Hathaway's CEO on Dec. 31. Image source: The Motley Fool.

Details

Continue reading

Source

Originally published at www.fool.com.

Related Articles

• I’m in my 50s. My mother died from Alzheimer’s. Do I need long-term insurance?
• Can Dogecoin Reach $1 by Year-End? Here's How the Meme Coin Traded During the Last Election Year.
• Why Wall Street Is Becoming Even More Bullish About This Dividend King