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 Warren Buffett still involved but less hands-on. Delta's return marks a shift given Buffett's past skepticism about airlines, while Macy's represents a small but notable investment possibly made by Buffett himself. Berkshire also continues to increase stakes in Japanese trading houses, signaling ongoing international investment focus.
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...
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% increa...
