New Delhi, Aug. 10 -- NEW YORK - Warren Buffett picked the investment. Greg Abel approved it. The $10 billion that Berkshire Hathaway (BRK-A, BRK-B) added to its Alphabet (GOOG) stake in the second quarter of 2026, enough to displace Apple (AAPL) as the portfolio's largest equity holding, originated with the man whose title now reads chairman rather than chief executive.

that Greg Abel was running the company. He is. But Buffett, at 95 and officially a chairman, is still making calls.

The headline numbers from Q2 told a clean story. Operating earnings reached $12.98 billion, up 16 percent. Net profit roughly doubled. The company ended a 14-quarter streak of net equity selling, deploying an estimated $23.5 billion across positions, the l...