Warren Buffett said he continues to take part in investment decisions at Berkshire Hathaway after stepping down as chief executive officer, and added that he recently made a small new investment.
He said he holds daily discussions with Mark Millard, the company's director of financial assets, before markets open. Millard executes trades following these discussions, while Buffett remains involved despite handing over the CEO role to Greg Abel in January 2026.
Buffett said investment decisions are aligned with the new leadership. “I won't make any [investments] that Greg thinks are wrong…Greg gets the (investment) sheet every day,” he told CNBC.
Also Read: Warren Buffett's Legacy Goes Beyond Berkshire Hathaway
The comments show Buffett continues to play a role in capital allocation at Berkshire Hathaway even after the leadership transition, with Greg Abel now leading the company's operations.
Buffett also addressed recent market movements linked to the US-Iran conflict, saying the swings are limited when compared with past declines. He said markets have fallen more than 50% three times during his career. “Three times since I took over, for sure it's gone down more than 50%. … This is nothing to make you get excited,” he told CNBC.
Also Read: Warren Buffett's Legacy Goes Beyond Berkshire Hathaway
He said Berkshire Hathaway has purchased $17 billion in Treasury bills at a weekly auction. The company reported more than $370 billion in cash equivalents at year-end, largely held in Treasury bills.
Buffett remains chairman of Berkshire Hathaway after stepping down as CEO, marking a shift in leadership after six decades in the role. He had announced in May 2025 that Greg Abel would take over at the end of the year. “I think the time has arrived where Greg should become the chief executive officer of the company at year end,” Buffett said at the time.
Berkshire Hathaway is valued at more than $1 trillion. It owns at least 189 businesses across sectors, holds more than $260 billion in stocks and over $350 billion in cash.
Also Read: 4,000,000% Returns: Berkshire Hathaway's Share Run That Defined Warren Buffett
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