Berkshire Hathaway Stock Trades at Record Levels. CEO Greg Abel Clearly Sees More Room to Run.
Berkshire Hathaway's stock has reached record levels in its first year under CEO Greg Abel, up nearly 16% as investors rotate out of AI stocks. While Q3 operating earnings fell 5.8% due to insurance underwriting challenges at GEICO, Abel's record $9.6 billion stock buyback signals confidence in the company's value. The conglomerate's cash hoard grew to over $377 billion, and its diverse revenue streams make it a unique hedge against AI-dependent investments.



