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Berkshire CEO has sobering message for tech stock investors
Key takeaways
- In his first annual meeting as Berkshire’s top honcho and Warren Buffett’s successor, he said that the company isn’t treating tech spending or tech stocks as a momentum game.
- That’s the opposite of what we’ve seen transpire over the past couple of years, where the “Magnificent Seven” stocks have attracted billions in capital.
- Investors have been incessant in pouring money into tech giants pursuing their respective AI-first visions.
Berkshire CEO has sobering message for tech stock investors Moz Farooque Sun, May 10, 2026 at 11:33 PM GMT+7 5 min read BRK.A GOOG AMZN META MSFT Berkshire Hathaway (BRK.A, BRK.B) CEO Greg Abel isn’t chasing the AI trade just because everyone else is.
In his first annual meeting as Berkshire’s top honcho and Warren Buffett’s successor, he said that the company isn’t treating tech spending or tech stocks as a momentum game.
That’s the opposite of what we’ve seen transpire over the past couple of years, where the “Magnificent Seven” stocks have attracted billions in capital.
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