Warren Buffett praises Greg Abel's $16.8 billion spending spree — including a $10 billion bet on Google

Warren Buffett spent decades gathering his holding institution Berkshire Hathaway. Within conscionable 2 days, the caller CEO spent billions.

According to Reuters, Berkshire’s CEO Greg Abel precocious announced 2 deals totaling an eye-boggling $16.8 cardinal (1).

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First, Berkshire acquired Taylor Morrison Home Corp for $6.8 billion, suggesting Abel sees untapped worth successful the U.S. lodging market. Second, Berkshire is going all-in connected 1 of its largest tech bets with $10 cardinal successful Google’s genitor institution Alphabet.

In an interrogation connected CNBC, Buffett said these 2 investments amusement Abel has genuinely “launched” arsenic the caller person of Berkshire (2). Buffett besides praised Abel’s determination to bargain Taylor Morrison, claiming helium finished the transaction “faster than I could person done it, smoother than I could person done it.”

Some Berkshire investors, similar Steven Check of Check Capital Management, besides person affirmative things to accidental astir the inaugural Abel showed. “Everyone has been waiting for Greg to bash his thing, beyond Warren Buffett’s shadow, and we’re present seeing that,” said Check during an interrogation connected Reuters (1).

In caller years, much investors person questioned whether Berkshire has been excessively blimpish arsenic it continues to stockpile billions of dollars alternatively than deploying that superior successful the market. As of March 31, 2026, Berkshire holds $397.4 cardinal successful currency (3), which is an summation of 6.5% from December 31, 2025.

As CNBC reported, the institution committed lone $234 cardinal successful Q1 of 2026 to repurchasing its ain shares (4). CFRA Research expert Cathy Seifer straight criticized this tiny commitment, telling CNBC, “If Berkshire isn’t buying backmost their stock, wherefore should you?”

Are Buffett’s beliefs down Abel’s acquisitions?

The velocity and standard of Abel’s investments mightiness look a spot brash for Berkshire, particularly successful specified a trendy assemblage similar AI. However, aft looking much intimately astatine these investments, it’s wide determination are galore commonalities with Berkshire’s semipermanent worth playbook.

Berkshire has agelong been known to favour companies with a competitory presumption tied to wide economical trends. Themes similar AI infrastructure spending and U.S. lodging request intelligibly acceptable into that framework.