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Warren Buffett warned about stock valuations but Berkshire Hathaway is aggressively purchasing stocks

Source: Economic Times ·
Trading floor of the New York Stock Exchange with banks of monitors
File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

While Buffett criticised the current market scenario, his firm Berkshire Hathaway has been pumping up its investments. The company under CEO Greg Abel has been increasing its stake in Google-parent Alphabet, making it one of Berkshire's five largest common stock holdings, led by iPhone maker Apple. Berkshire more than tripled its stake in Alphabet and purchased over $2.6 billion worth of shares in

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