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Buffett is 96 and Buying Alphabet, But BRK.B is Moving Sidewalk-Fast

U
Aug 29, 2026 · 16:16

Warren Buffett is 96. Even though he stepped down as CEO earlier this year, he’s still running the show as chairman and just put $36.6 billion into Alphabet.

But despite that, BRK.B shares are barely moving. The stock is up just 0.5% year-to-date, which means it's drastically underperforming the S&P 500 (up about 12.7%).

It feels like Wall Street is just sitting on its hands while Greg Abel takes over operations, especially since Berkshire is hoarding a massive pile of cash instead of buying out companies like they used to. Is anyone buying BRK.B at $505, or is the market right to stay away during transition?

Source: [CNBC](https://www.cnbc.com/2026/08/29/buffett-remains-active-at-96-but-berkshires-shares-arent-doing-much.html)

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