Warren Buffett's Berkshire Hathaway has been sitting on a staggering $400 billion cash pile for 22 months - and quietly dumping more stocks than it buys. The company's massive cash reserve has raised concerns among analysts that Berkshire sees stocks as overpriced - and that the market is vulnerable to a downturn. Greg Abel, the conglomerate's new CEO who took over from Buffett at the start of this year, has quietly restarted buying Berkshire shares. After revamping its share buyback policy ahead of Greg Abel's ascent, Berkshire Hathaway now allows Abel to initiate repurchases after consulting Buffett, even after he announced last May that he would step aside as Berkshire's chief executiveWall Street closely watched what Warren Buffett's Berkshire Hathaway does. Buffett released his final annual letter as CEO in November, where he wrote he's 'going quiet' after nearly 60 years at the helm of Berkshire.
Source: Daily Mail April 08, 2026 06:15 UTC