Michael Burry Warns Berkshire CEO Greg Abel Lacks Warren Buffett’s ‘Patience for the Fat Pitch:' ‘My Biggest Fear…Has Come True’
Famed investor Michael Burry has sharply criticized Berkshire Hathaway Inc. ‘s (NYSE: BRK ) new CEO, Greg Abel, claiming he lacks predecessor Warren Buffett ‘s renowned discipline and “patience for the fat pitch.” The rebuke follows Berkshire’s recent multi-billion-dollar spending spree, leading Burry to declare the conglomerate is no longer an appealing investment. The ‘Cassandra’ Critique Taking to X on Aug. 10, Burry directly responded to news of Berkshire’s aggressive capital deployment. “My biggest fear for Berkshire Hathaway was that when Warren finally stepped down, the successor would be too old and otherwise not Warren, so would not have his patience for the fat pitch,” Burry wrote. Pointing to the recent acquisitions under the new leadership, he bluntly added, “I believe this fear has come true. I do not find...
Famed investor Michael Burry has sharply criticized Berkshire Hathaway Inc. ” The rebuke follows Berkshire’s recent multi-billion-dollar spending spree, leading Burry to declare the conglomerate is no longer an appealing investment. The ‘Cassandra’ Critique Taking to X on Aug. 10, Burry directly responded to news of Berkshire’s aggressive capital deployment.
“My biggest fear for Berkshire Hathaway was that when Warren finally stepped down, the successor would be too old and otherwise not Warren, so would not have his patience for the fat pitch,” Burry wrote. Pointing to the recent acquisitions under the new leadership, he bluntly added, “I believe this fear has come true. ” My biggest fear for Berskhire Hathaway was that when Warren finally stepped down, the successor would be too old and otherwise not Warren, so would not have his patience for the fat pitch. I believe this fear has come true.
I do not find Berkshire an attractive investment going… — Cassandra Unchained (@michaeljburry) August 10, 2026 Read Also: Senator Backs Berkshire Stock In Post-Buffett Era as Other Congress Members Bail A Massive Capital Deployment Burry’s comments come just days after Berkshire Hathaway reported its second-quarter earnings, which revealed a significant reduction in its massive cash reserves. 7 billion. This marked the first sequential decline for the cash pile in four years. 5 billion on share repurchases.
The conglomerate also made major moves in the equity markets, including a $10 billion investment in Alphabet Inc. 8 billion acquisition of homebuilder Taylor Morrison Home Corp. Strong Earnings vs. Market Valuations Despite Burry’s skepticism regarding Abel’s investment strategy, Berkshire’s financial engine remains robust.
67 billion. 98 billion. However, some shareholders share concerns about deploying capital in current conditions. ” How Has BRK Performed In 2026?
07% over the year. 39% in overnight trading. ’s Edge Stock Rankings indicate that BRK maintains a strong price trend in the short, long, and medium terms, with a poor quality score. Read Also: Warren Buffett's Wealth-Building Strategy Points to This One ETF for Long-Term Investors Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.
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