Warren Buffett's Successor Greg Abel Spent $4.5 Billion Buying 1 Stock Last Quarter, and He Spent At Least $3.3 Billion Buying More This Quarter

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Buffett’s Successor Bets Big on Alphabet, Signals Confidence in Undervalued Stocks

Greg Abel's sharp pivot to buying stocks and share buybacks underlines a bullish view on value in the equity market.

Greg Abel, soon to helm Berkshire Hathaway, shook up the firm's usual caution by splashing billions on stocks, notably a $4.5 billion buy into Alphabet. This move ended a long streak of net selling—a clear vote of confidence that some equities are still trading below their true worth. Abel also restarted Berkshire's share buybacks aggressively, spending billions to repurchase shares. For South African investors, this aggressive capital deployment can be a reminder that patience and valuation discipline pay off. While we can’t buy Berkshire or Alphabet here easily, keeping an eye on the rand (USD/ZAR) is helpful: a weaker rand tends to spotlight global tech as a hedge, influencing local sectors like Naspers and Prosus that rely heavily on foreign earnings. That said, a sudden tech sell-off or a sharp rand rally could quickly undo these cheap valuations. this is just our opinion and not financial advice