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Business

Warren Buffett warned about stock valuations but Berkshire Hathaway is aggressively purchasing stocks

The Economic Times ·

While Buffett criticised the current market scenario, his firm Berkshire Hathaway has been pumping up its investments.

The company under CEO Greg Abel has been increasing its stake in Google-parent Alphabet, making it one of Berkshire's five largest common stock holdings, led by iPhone maker Apple.

Berkshire more than tripled its stake in Alphabet and purchased over $2.6 billion worth of shares in Delta Air Lines after Abel formally took over as chief executive from Warren Buffett at the start of the year.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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