Warren Buffett, known as the Oracle of Omaha, will step down as CEO of Berkshire Hathaway at year's end, while remaining board chair. Berkshire's shares are down nearly 12% since this announcement, although they have risen over 5% in 2025, trailing the S&P 500's 10% gain. Berkshire holds $344.1 billion in cash, indicative of Buffett's cautious approach. In the second quarter, Buffett invested significantly, acquiring a $1.6 billion stake in UnitedHealth Group, while also focusing on dividend-paying stocks rated Buy by Wall Street.
Berkshire Hathaway is down almost 12% since May 2nd, when Mr. Buffett said he would be stepping down as CEO.
Despite being a big buyer during the second quarter, Berkshire Hathaway still has a stunning $344.1 billion in cash, down slightly from the Q1 total of $344.7 billion.
Mr. Buffett returned to his value roots during the second quarter, making some big purchases, including a $1.6 billion stake in UnitedHealth Group Incorporated.
Five dividend-paying companies from the second-quarter trades look very reasonable at current trading levels and are rated Buy at top Wall Street firms.
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