, June 20, 2026

Greg Abel Spends Billions on Robots Warren Doesn't Understand


Warren Buffett tells CNBC's Becky Quick new Berkshire Hathaway CEO Greg Abel has "launched" with his first major deal.

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Greg Abel Spends Billions on Robots Warren Doesn't Understand
Photo by Luke Jones / Unsplash

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Warren Buffett just told CNBC that Greg Abel "launched" his first major deal. That's what you say when your kid finally moves out. Not when someone makes a multi-billion dollar investment. Buffett's sitting there using the same word he'd use for a boat or a particularly ambitious bowel movement. The man who built Berkshire Hathaway into a $700 billion empire is now doing color commentary like he's watching his grandson's Little League game.

Abel decided to dump billions into AI. This is the technical analysis equivalent of your grandfather buying a TikTok dance studio. Berkshire Hathaway spent decades perfecting the art of buying railroads and insurance companies—businesses so boring they make actuarial tables look like cocaine. Now Abel's chasing artificial intelligence. That transition makes perfect sense if you ignore everything about Warren Buffett's entire investing philosophy for the last sixty years.

The headline says Abel is "going his own way." Translation: Warren's finally too old to stop him. Buffett famously doesn't understand tech. He avoided it for decades. Made billions doing it. But sure, let's pivot to AI now that every retail trader with a Robinhood account already owns seven different chatbot stocks. Impeccable timing. Really threading that needle.

Every moron on Reddit is currently explaining how this validates their $400 position in some AI penny stock they bought because the ticker symbol reminded them of their dog's name. They're all geniuses now. Berkshire finally doing what they've been screaming about for three years means they were right all along. Never mind that Berkshire moves like a glacier made of cement. By the time Abel's AI investment pays off, those Reddit geniuses will have blown up their accounts four times over on other "sure things."

Buffett called it a "launch." Not a pivot. Not a strategic repositioning. A launch. Like Abel finally figured out how to open a can without help. The greatest endorsement since "technically he's still breathing."

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