Warren Buffett Steps Down as CEO of Berkshire Hathaway, Investment Strategy Continues
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Fool
- Buffett's Departure: On December 31, 2025, Warren Buffett stepped down as CEO of Berkshire Hathaway after 60 years of leadership, yet the company remains stable as successors continue his investment strategies without major changes to the portfolio initiated during his tenure.
- Chubb Investment Outlook: Berkshire currently holds an 8.8% stake in Chubb valued at approximately $11.2 billion, and while an acquisition remains uncertain, Chubb anticipates double-digit growth in earnings per share and tangible book value for 2026, indicating strong financial performance and ongoing dividend growth potential.
- Chevron Growth Drivers: Chevron's stock has surged 20% since the beginning of the year, and despite a current P/E ratio of 24, akin to tech stocks, the company has made significant progress in exploration contracts in Libya, Syria, and Turkey, which are expected to drive future earnings growth and stock price appreciation.
- DaVita Recovery Signs: Berkshire has held shares in DaVita since 2011, and despite the stock trading sideways for much of the decade, it has rallied 32% since early 2026, with management projecting a 25% to 39% increase in adjusted earnings per share for 2026, reflecting growth potential from international expansion, although Berkshire recently reduced its stake to maintain ownership below 45%.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CB?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CB
Wall Street analysts forecast CB stock price to rise
17 Analyst Rating
7 Buy
8 Hold
2 Sell
Moderate Buy
Current: 331.890
Low
283.00
Averages
336.88
High
385.00
Current: 331.890
Low
283.00
Averages
336.88
High
385.00
About CB
Chubb Limited is a Switzerland-based holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management. It provides specialized insurance products to areas, such as aviation and energy. It also offers personal lines insurance coverage, including homeowners, automobile, valuables, umbrella liability and recreational marine products. In addition, it supplies personal accident, supplemental health and life insurance to individuals in select countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Warren Buffett Steps Down as CEO of Berkshire Hathaway, Investment Strategy Continues
- Buffett's Departure: On December 31, 2025, Warren Buffett stepped down as CEO of Berkshire Hathaway after 60 years of leadership, yet the company remains stable as successors continue his investment strategies without major changes to the portfolio initiated during his tenure.
- Chubb Investment Outlook: Berkshire currently holds an 8.8% stake in Chubb valued at approximately $11.2 billion, and while an acquisition remains uncertain, Chubb anticipates double-digit growth in earnings per share and tangible book value for 2026, indicating strong financial performance and ongoing dividend growth potential.
- Chevron Growth Drivers: Chevron's stock has surged 20% since the beginning of the year, and despite a current P/E ratio of 24, akin to tech stocks, the company has made significant progress in exploration contracts in Libya, Syria, and Turkey, which are expected to drive future earnings growth and stock price appreciation.
- DaVita Recovery Signs: Berkshire has held shares in DaVita since 2011, and despite the stock trading sideways for much of the decade, it has rallied 32% since early 2026, with management projecting a 25% to 39% increase in adjusted earnings per share for 2026, reflecting growth potential from international expansion, although Berkshire recently reduced its stake to maintain ownership below 45%.
See More
Amazon and Apple Stocks Ignore Berkshire Sales: Here's Why They're Climbing.
Amazon and Apple Stocks: Shares of Amazon.com and Apple saw an increase on Wednesday following Berkshire Hathaway's decision to sell its holdings in these companies.
Berkshire Hathaway's Actions: The offloading of shares by Berkshire Hathaway has influenced the stock market dynamics for both Amazon and Apple.
Bank of America Performance: In contrast to the rise of Amazon and Apple, Bank of America experienced a decline in its stock value.
Market Reactions: The movements in stock prices reflect broader market reactions to significant investment decisions made by major financial players like Berkshire Hathaway.
See More
Warren Buffett's Last Insights for Investors: Implications of Berkshire Stock Activity
- Warren Buffett's Influence: Despite stepping down, Warren Buffett continues to guide investors with his insights and strategies.
- Berkshire Hathaway's Direction: The company remains a focal point for investment direction, reflecting Buffett's lasting impact on the market.
See More
New York Times Q4 Earnings Exceed Expectations Driven by Subscriber Growth
- Earnings Beat: New York Times reported an adjusted EPS of $0.89 for Q4, surpassing analyst expectations of $0.87, indicating strong performance driven by digital subscriber growth that solidifies its market position.
- Significant Revenue Growth: The company achieved a 10.4% year-over-year revenue increase to $802.3 million in Q4, exceeding analyst estimates of $791.3 million, reflecting robust demand for advertising and digital content.
- Subscriber Growth: By the end of Q4 2025, New York Times added approximately 450,000 net digital-only subscribers, bringing the total to 12.78 million, showcasing success in attracting new users and enhancing future revenue sustainability.
- Increased Shareholder Confidence: Berkshire Hathaway acquired 5.07 million shares of New York Times in Q4, leading to a 3.3% rise in stock price during after-hours trading, demonstrating market confidence in the company's growth potential.
See More
Berkshire Hathaway Reveals New Investment Positions
- New Investment Disclosure: Berkshire Hathaway disclosed a new position of 5,065,744 shares in The New York Times Co (NYSE:NYT) for Q4 2025, indicating a sustained interest in the media sector.
- Liberty Media Ecosystem Adjustment: In its 13F filing, Berkshire clarified its holdings within the restructured Liberty Media ecosystem, including 3,018,555 shares of Liberty Formula One (NASDAQ:FWONK), reflecting confidence in the racing business.
- Portfolio Changes Overview: The Q4 13F report revealed changes in Berkshire's existing stock holdings, particularly notable reductions in certain stocks, indicating a dynamic adjustment in its investment strategy.
- Apple Holdings Dynamics: Although Berkshire reduced its stake in Apple once again, it remains the largest position in its investment portfolio, demonstrating a long-term bullish outlook on the technology sector.
See More
Berkshire Acquires New York Times Shares; Divests Apple, Bank of America, and Amazon in Q4
- Berkshire Hathaway's Investment Changes: The company reduced its holdings in Bank of America and Apple during the fourth quarter.
- New Investment in New York Times: Berkshire Hathaway initiated a new position by purchasing five million shares of the New York Times.
- Regulatory Filing: These changes were disclosed in a 13-F filing after the close of trading on Tuesday.
- Market Impact: The adjustments in investment strategy reflect Berkshire Hathaway's ongoing portfolio management and market positioning.
See More
Warren Buffett Steps Down as CEO of Berkshire Hathaway, Investment Strategy Continues
- Buffett's Departure: On December 31, 2025, Warren Buffett stepped down as CEO of Berkshire Hathaway after 60 years of leadership, yet the company remains stable as successors continue his investment strategies without major changes to the portfolio initiated during his tenure.
- Chubb Investment Outlook: Berkshire currently holds an 8.8% stake in Chubb valued at approximately $11.2 billion, and while an acquisition remains uncertain, Chubb anticipates double-digit growth in earnings per share and tangible book value for 2026, indicating strong financial performance and ongoing dividend growth potential.
- Chevron Growth Drivers: Chevron's stock has surged 20% since the beginning of the year, and despite a current P/E ratio of 24, akin to tech stocks, the company has made significant progress in exploration contracts in Libya, Syria, and Turkey, which are expected to drive future earnings growth and stock price appreciation.
- DaVita Recovery Signs: Berkshire has held shares in DaVita since 2011, and despite the stock trading sideways for much of the decade, it has rallied 32% since early 2026, with management projecting a 25% to 39% increase in adjusted earnings per share for 2026, reflecting growth potential from international expansion, although Berkshire recently reduced its stake to maintain ownership below 45%.
See More
Amazon and Apple Stocks Ignore Berkshire Sales: Here's Why They're Climbing.
Amazon and Apple Stocks: Shares of Amazon.com and Apple saw an increase on Wednesday following Berkshire Hathaway's decision to sell its holdings in these companies.
Berkshire Hathaway's Actions: The offloading of shares by Berkshire Hathaway has influenced the stock market dynamics for both Amazon and Apple.
Bank of America Performance: In contrast to the rise of Amazon and Apple, Bank of America experienced a decline in its stock value.
Market Reactions: The movements in stock prices reflect broader market reactions to significant investment decisions made by major financial players like Berkshire Hathaway.
See More
Warren Buffett's Last Insights for Investors: Implications of Berkshire Stock Activity
- Warren Buffett's Influence: Despite stepping down, Warren Buffett continues to guide investors with his insights and strategies.
- Berkshire Hathaway's Direction: The company remains a focal point for investment direction, reflecting Buffett's lasting impact on the market.
See More
New York Times Q4 Earnings Exceed Expectations Driven by Subscriber Growth
- Earnings Beat: New York Times reported an adjusted EPS of $0.89 for Q4, surpassing analyst expectations of $0.87, indicating strong performance driven by digital subscriber growth that solidifies its market position.
- Significant Revenue Growth: The company achieved a 10.4% year-over-year revenue increase to $802.3 million in Q4, exceeding analyst estimates of $791.3 million, reflecting robust demand for advertising and digital content.
- Subscriber Growth: By the end of Q4 2025, New York Times added approximately 450,000 net digital-only subscribers, bringing the total to 12.78 million, showcasing success in attracting new users and enhancing future revenue sustainability.
- Increased Shareholder Confidence: Berkshire Hathaway acquired 5.07 million shares of New York Times in Q4, leading to a 3.3% rise in stock price during after-hours trading, demonstrating market confidence in the company's growth potential.
See More
Berkshire Hathaway Reveals New Investment Positions
- New Investment Disclosure: Berkshire Hathaway disclosed a new position of 5,065,744 shares in The New York Times Co (NYSE:NYT) for Q4 2025, indicating a sustained interest in the media sector.
- Liberty Media Ecosystem Adjustment: In its 13F filing, Berkshire clarified its holdings within the restructured Liberty Media ecosystem, including 3,018,555 shares of Liberty Formula One (NASDAQ:FWONK), reflecting confidence in the racing business.
- Portfolio Changes Overview: The Q4 13F report revealed changes in Berkshire's existing stock holdings, particularly notable reductions in certain stocks, indicating a dynamic adjustment in its investment strategy.
- Apple Holdings Dynamics: Although Berkshire reduced its stake in Apple once again, it remains the largest position in its investment portfolio, demonstrating a long-term bullish outlook on the technology sector.
See More
Berkshire Acquires New York Times Shares; Divests Apple, Bank of America, and Amazon in Q4
- Berkshire Hathaway's Investment Changes: The company reduced its holdings in Bank of America and Apple during the fourth quarter.
- New Investment in New York Times: Berkshire Hathaway initiated a new position by purchasing five million shares of the New York Times.
- Regulatory Filing: These changes were disclosed in a 13-F filing after the close of trading on Tuesday.
- Market Impact: The adjustments in investment strategy reflect Berkshire Hathaway's ongoing portfolio management and market positioning.
See More
