Richest Americans Gained 19% in Wealth as Poorest Lost 56% Since 2022

Warren Buffett's Successor, Greg Abel, Has Over 45% of Berkshire Hathaway's $356 Billion Portfolio Invested in 3 Undeniable Winners

Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, has maintained the company's portfolio concentration strategy with over 45% ($160.6 billion) of invested assets in three major holdings: Apple ($76.73 billion), American Express ($46.72 billion), and Alphabet ($37.17 billion). While Buffett sold 75% of Apple before retirement, Abel views it as a long-term compounder. Abel has significantly increased Berkshire's Alphabet stake, tripling it in Q1 and adding $17 billion in Q2, attracted by Google's search dominance and AI ambitions in Google Cloud.

American Express Prelim U.S. Consumer Card 30 Days Past Due Rate 1.2% As Of Sept 30, 2026; Prelim U.S. Consumer Card Net Write-Off Rate (Principal Only) 1.5% As Of Sept 30, 2026; Prelim U.S. Small Business Card Net Write-Off Rate (Principal Only) 2.1% As Of Sept 30, 2026; Prelim U.S. Small Business Card 30 Days Past Due As A % Of Total 1.4% As Of Sept 30, 2026

8-K filing — AMERICAN EXPRESS CO (AXP)

Filed: 2026-10-15 AccNo: 0000004962-26-000383 Size: 268 KB Item 7.01: Regulation FD Disclosure

History Says Berkshire Hathaway Stock Holds Up When the Market Falls: It Beat the S&P 500 in 11 of 13 Down Years

Berkshire Hathaway has outperformed the S&P 500 in 11 of 13 down market years since 1965, demonstrating resilience during market downturns. The company's diversified business portfolio, substantial cash reserves ($365.5 billion), and disciplined investment approach provide protection against market volatility, though it has underperformed in 2026 with only 3% gains versus the S&P 500's 14% rise.

Home Depot vs. Walmart: Which Consumer Stock Is a Better Buy in 2026?

The article compares Home Depot and Walmart as investment options in 2026. Home Depot trades at a lower forward P/E ratio (18.9x vs 36.1x) and is expanding through professional-focused acquisitions (SRS and GMS), but faces higher leverage with a 5.1x debt-to-equity ratio and modest comparable sales growth guidance of flat to 2%. Walmart demonstrates stronger growth with 23% eCommerce sales increase and raised fiscal 2027 earnings guidance, but trades at a premium valuation and carries lower debt (0.7x ratio). The author favors Home Depot as a multi-year holding despite risks, while noting Walmart as the steadier grower.

1 Reason Dick's Sporting Goods Is Worth a Second Look This Month

Dick's Sporting Goods stock has fallen 35% over six months due to weak Q3 results, excess footwear inventory, and Foot Locker integration challenges. However, the company's innovative 'House of Sport' retail concept—featuring interactive experiences like batting cages and climbing walls—creates a competitive moat against e-commerce rivals that could drive a turnaround.