FM Speaker Highlight: Abel Seow Abel Seow is the Head of APAC at @BitGo, responsible for commercial matters relating to BitGo's businesses across the APAC region. Prior to joining BitGo, he was most recently a private banker at Bank of Singapore, and started his career at Rothschild in London after completing an MSc at Imperial College London. We can't wait to welcome him to the #FM26# stage. FUTUREMODE 2026 📍 Taipei Expo Dome | Sep 4–6, 2026 🌐 🎟️ Get your pass: Local - International -

After 60 years, Buffett's last move as CEO was the hardest trade he ever made: allocating himself out of the job. He handed Berkshire to Greg Abel on Jan 1, kept the chairman seat, and told shareholders "everything will be the same." Six decades of ~19.9%/yr vs the S&P's 10.4% then years spent making the handoff boring on purpose. Most founders confuse being indispensable with being valuable. The exit was the masterclass.

One important lesson for all investors comes from Berkshire's Ajit Jain's exact mandate to his underwriting team: "Your job is to say no. Every now and then you will come across a deal that'll hit you with a 2x4 and it'll be screaming money." Abel and Jain are not budging. They are earning a risk-free yield and waiting for structural market dislocation. The capital discipline remains ruthless. $BRK.A $BRK.B

Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, vaulting the Google parent into its three biggest stock holdings. The sprawling conglomerate also added to the size of its investments in Delta Air Lines and various homebuilders. Berkshire, now operating under CEO Greg Abel, owned about 106 million Alphabet shares worth $37.9 billion at the end of June, according to a regulatory filing released Friday. The size of the position jumped 83% in the latest quarter, making Alphabet the third-largest U.S.-listed equity holding at Omaha-based Berkshire by market value. Only investments in Apple and American Express are larger. Read the full story: