In the third quarter of 2025, Warren Buffett, in his last portfolio report as chief executive, initiated a new position in Alphabet by acquiring 17,846,142 shares. This stake represents 1.6% of Berkshire Hathaway’s equity portfolio and ranks as its 10th largest holding. Known for steering clear of technology names outside of Apple, Buffett’s purchase of Alphabet stands out as a notable deviation, driven by the stock’s relative valuation among major tech leaders and its potential to capitalize on artificial‐intelligence developments. This decision underscores Berkshire’s enduring strategy of acquiring high‐quality businesses at favorable entry points, even in sectors where it has limited exposure.

In a filing with the U.S. Securities and Exchange Commission, Berkshire Hathaway disclosed that Greg Abel, who assumed the chief executive role on January 1, 2026, will receive an annual cash salary of $25 million. This figure eclipses Warren Buffett’s long‐standing $100,000 base salary, reflecting both Abel’s expanded responsibilities over Berkshire’s nearly 200 subsidiary businesses and a compensation philosophy that aligns executive pay more closely with market norms for S&P 500 chiefs. Abel, 62, earned $21 million in base salary in 2025 as vice chair of non‐insurance operations, and his elevation underscores the board’s confidence in maintaining Berkshire’s disciplined capital‐allocation approach under new leadership.