Berkshire Hathaway stock climbs back near record under Greg Abel

Berkshire Hathaway shares have returned to within about two percentage points of their all-time high roughly 10 months after Warren Buffett gave up the chief executive role to Greg Abel at the end of 2025, The Motley Fool reported on November 1, 2026.

Many investors had assumed the shares carried an extra premium tied to Buffett personally, and the stock slipped when he disclosed his retirement plan. The decline proved shallow: the gap between the 12-month high and low was under 10%, according to the article.

The Motley Fool argued the rebound says less about Abel's record, which is too short to judge, than about the appeal of Berkshire's mix of insurance, utilities, energy, transportation, housing, retail and manufacturing businesses at a moment when investors are worried about a possible unwinding of artificial intelligence valuations. Abel has made moves consistent with his predecessor's approach, including opportunistic investment in a weak housing market.

The company's balance sheet is another draw. Berkshire held more than $350 billion in cash at the close of the second quarter, money that could cushion a downturn and fund purchases if other investors sell.

This story was first reported by The Motley Fool.