At Berkshire Hathaway's 2026 annual meeting, Greg Abel successfully led the company through its first post-Warren Buffett CEO transition, earning investor confidence. The company reported strong Q1 operating earnings of $11.35 billion, a 17.7% increase year-over-year, driven by solid performance in insurance underwriting and BNSF. However, the large $397 billion cash reserve, largely held in Treasury Bills, remains a drag on returns and growth potential. While Berkshire's valuation is not a bargain, it remains reasonable compared to the S&P 500, making it a hold for investors, with buying recommended only if shares dip below $450-460.
Berkshire Hathaway's recent portfolio update revealed a significant reduction in stock holdings and the surprising addition of Delta Air Lines and Macy's. New CEO Greg Abel, who now oversees investments, appears to be driving these changes, with Warr...
Whale Rock Capital Management, led by Alex Sacerdote, reported another strong quarter driven by its unique investment mix, notably in AI-related stocks. Alphabet remains its top holding, benefiting from AI dominance and Berkshire Hathaway's increased...
The Fidelity MSCI Financials Index ETF (FNCL) offers broad exposure to U.S. financial stocks but has underperformed with only a 4.4% gain in the past year and a modest 1.67% dividend yield. Rising interest rates and recession fears weigh on the secto...
