Warren Buffett's Successor, Greg Abel, Has 69% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for October.

Greg Abel, Berkshire Hathaway's new CEO, has concentrated the portfolio into 5 stocks representing 69% of holdings, down from 42 to 29 total positions. Abel has aggressively increased Alphabet holdings from 2% to 9.4% in just one year, similar to how Warren Buffett built Apple into the largest position. Despite high capital expenditures, Alphabet's attractive 16x P/E ratio and $514 billion cloud backlog make it an appealing investment during the AI boom.