Greg Abel Is Buying Shares of What Is Probably Warren Buffett's Favorite Stock. Should You Buy It Too?

Greg Abel, now CEO of Berkshire Hathaway, has signaled a modestly bullish market impact by resuming share repurchases and personally buying $15 million of company stock. Berkshire sits on a record cash hoard (about $397 billion, up from $373 billion), much of it in T-bills, which has constrained returns but provides a huge cushion in downturns. Buybacks plus Abel’s insider purchases suggest management views the shares as undervalued and should modestly support BRK share prices and investor confidence, especially among value-oriented, long-term holders. The moves are unlikely to materially change operating strategy or near-term fundamentals but serve as a positive signal that could influence sentiment and capital allocation expectations for the conglomerate and similar cash-rich firms.