A New Era for Berkshire Hathaway: Has Greg Abel Finally Put Warren Buffett's Cash Hoard to Work? The market's reaction to Berkshire Hathaway's latest quarterly report was telling. Shares surged 3.
3% on August 10, reaching their highest level since Warren Buffett announced his departure as CEO in late 2025.
Behind this sudden optimism lies a significant shift: Greg Abel has put Berkshire's enormous liquidity to work by purchasing $23. 5 billion of publicly traded equities and repurchasing $4. 5 billion of its own shares.