Buffett warns on valuations as Berkshire buys more stocks
In short
Warren Buffett warned about today’s stock market values, but Berkshire Hathaway kept buying shares. The summary says it more than tripled its Alphabet stake and bought over $2.6 billion of Delta Air Lines stock after Greg Abel became CEO at the start of the year.
This matters because Berkshire is a major investor and its moves can draw market attention. The report does not say how much more it will buy next.
What the reporting says
Warren Buffett criticised current stock valuations while Berkshire Hathaway increased its equity investments. The publisher summary says the firm, now under CEO Greg Abel, has raised its stake in Alphabet, making it one of Berkshire’s five largest common stock holdings, led by Apple. It also says Berkshire more than tripled the Alphabet stake and bought over $2.6 billion of Delta Air Lines shares after Abel took over as chief executive at the start of the year. The reporting does not say whether the buying will continue.
Why it matters
Berkshire Hathaway increased its stock purchases even as Buffett criticised the market, according to the publisher summary. The company, under Greg Abel, expanded its Alphabet holding and bought more than $2.6 billion of Delta Air Lines shares, while Apple remained its largest common stock holding. The reporting does not explain the timing beyond noting Abel’s takeover at the start of the year or give a specific outlook from Berkshire.