Warren Buffett Issued a Stark Warning About His Favorite Stock 11 Years Ago. He and His Successor, Greg Abel, Then Proceeded to Pile $82 Billion Into It.

Key Points It’s been a year of unrivaled change for Berkshire Hathaway’s shareholders, with Warren Buffett retiring as CEO and stepping down as chairman of the board. Warren Buffett has long been a stickler for value -- and not even his favorite stock is exempted. Since mid-July 2018, more than $82 billion has been spent buying the stock that Buffett holds nearest and dearest to his heart. 10 stocks we like better than Berkshire Hathaway › It's been a year of historic change for the trillion-dollar company that Warren Buffett and Charlie Munger built, Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) . On Dec.