Greg Abel, who took over as CEO of Berkshire Hathaway from Warren Buffett six months ago, has received high praise from Buffett for his performance, including rapid execution of major acquisitions and managing Buffett's personal wealth. Abel has maintained Berkshire's cautious investment approach, avoiding the frothy AI stock rally, which has kept the stock flat but aligns with Buffett's long-term philosophy. Buffett likened Abel to a highly effective leader and emphasized that Berkshire's strategy is to avoid overpaying for stocks during market bubbles, similar to Buffett's approach during the Dot Com era. Investors are advised that while Berkshire may face market fluctuations, it remains a solid buy for those cautious about the current AI-driven market hype.
Over the past decade, the S&P 500 outperformed Berkshire Hathaway with about 15% annual returns versus 13%, driven mainly by a narrow, tech-heavy rally. However, Berkshire showed resilience during market downturns, rising 36% when the S&P fell 37% du...
The VistaShares Target 15 Berkshire Select Income ETF (OMAH) provides investors with a monthly income stream targeting 15%, using a basket of Berkshire Hathaway-style value stocks like Coca-Cola, American Express, Bank of America, and Chevron. It ove...
