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Why Michael Burry says Berkshire is no longer attractive under Abel
['Frank Dematteo', 'Wed', 'August At Pm Gmt', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Investing.com -- Michael Burry declared Berkshire Hathaway an unattractive investment on Aug. 10, warning that new CEO Greg Abel lacks the patience that made Warren Buffett's capital discipline legendary.
I do not find Berkshire an attractive investment going forward."
In Q2 2026, Abel deployed $4.5 billion in share repurchases, up sharply from just $235 million the prior quarter, while making nearly $20 billion in net equity purchases.
Q2 2026 operating earnings rose 16.3% year-over-year to $12.98 billion, and net income more than doubled to $25.67 billion.
The analyst raised his price target on Berkshire to $906,011 from $877,848, while maintaining a Buy rating.