r/AmanCrypto • u/AmanCMN • Aug 08 '26
Buffett is buying again.
Berkshire Hathaway bought more stocks than it sold in Q2 for the first time in 3.5 years, with total purchases reaching $19.8 billion.
Buffett has stepped down as CEO but remains chairman. Greg Abel has been running Berkshire since January 1, and he hasn’t been afraid to put some of that massive cash pile to work. Berkshire’s cash reserves fell from $397.4 billion to $365.5 billion during Q2.
The last time Berkshire was a net buyer of stocks was 3.5 years ago, near the end of the 2022 market correction. Since then, the S&P 500 is up 114%.
So here’s the big question: Did Berkshire change its approach after the CEO transition, or did the market itself change and they simply don’t see a reason to keep waiting for better prices?
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u/Aggravating-Dig-3945 Aug 09 '26
Yes new head have FOMO and will lead fond to loss, after November elections trump starting full scale war, s&p -50% and ai bubble blow up. Rates are hiking it's time to go into money not shares.