In Q2 2026, Berkshire Hathaway sold 4.15 million shares of Capital One, reducing its stake by 58%, while Third Point increased its holdings by 685,000 shares. Berkshire also reduced exposure to other consumer credit firms like Bank of America and Ally Financial, signaling caution on consumer credit health. Meanwhile, Third Point sees value in Capital One's growth and integration of Discover, betting on strong future earnings. The differing moves reflect contrasting views on the outlook for American consumer credit quality and Capital One's prospects.
Berkshire Hathaway has acquired nearly a 10% stake in Miami-based homebuilder Lennar, purchasing about 2.7 million Class A shares worth $1.8 billion. This move comes as Lennar reported weak third-quarter earnings and forecasted lower-than-expected gu...
Berkshire Hathaway is currently undervalued with a fair value estimated at $1.18 trillion, about 8% above its current market cap. Under Greg Abel’s leadership, the company has made significant investments, including $10 billion in Alphabet and a $6.8...
Berkshire Hathaway is well-positioned to benefit from rising interest rates, holding $324.9 billion in Treasury bills that will reprice higher, alongside a $177.5 billion insurance float that funds its growth. Despite concerns about succession, Greg ...
Warren Buffett has stepped down as Chairman of Berkshire Hathaway, handing over the role to his son, Howard Buffett. This leadership change follows Buffett's earlier step down as CEO, with Greg Abel now running the company. Buffett cited his advanced...
Legendary investor Warren Buffett has stepped down as chairman of Berkshire Hathaway after serving since 1965, with his son Howard Buffett taking over immediately. Buffett, who recently stepped down as CEO, expressed confidence in the company's futur...
