Warren Buffett Thinks Stocks Are Expensive. Berkshire Hathaway CEO Greg Abel Seems To Disagree

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Berkshire’s New Playbook: Caution vs Confidence

Greg Abel’s aggressive buying contrasts Buffett’s caution, posing fresh questions for investors.

Warren Buffett's long-held view that stocks are overvalued and too risky has faced a real challenge. His successor, Greg Abel, flipped the script by making Berkshire Hathaway a net buyer again after more than three years of selling, loading up heavily on American giants like Alphabet. This shift signals a willingness to embrace growth and technology despite persistent worries over inflated valuations. For South African investors, the key takeaway isn’t to mimic U.S. tech bets blindly but to watch how USD/ZAR reacts — stronger dollar pressure could challenge our currency and therefore local earnings in sectors reliant on imports or foreign capital. Meanwhile, local banks like Standard Bank and FirstRand could see mixed impacts if global financial conditions tighten unexpectedly amid this change in sentiment. The risk? Abel's bet might be premature if inflation or geopolitical shocks mount, pushing markets back into turmoil just as he leans in bullishly. this is just our opinion and not financial advice