From The Motley Fool · David Jagielski, CPA · · 50s
Berkshire's Shift Shows Buffett Era Ending
Berkshire Hathaway's $600m stake in Bending Spoons signals a move away from Warren Buffett's style.
In brief
Berkshire Hathaway's $600m stake in Bending Spoons signals a move away from Warren Buffett's style. Berkshire Hathaway's investment in Bending Spoons shows a shift from Warren Buffett's investment approach. Originally reported by The Motley Fool.
Berkshire's Leadership Change
Greg Abel became Berkshire Hathaway's CEO in early 2026, replacing Warren Buffett.
Berkshire's Unusual Move
Berkshire Hathaway acquired a $600 million stake in Milan-based Bending Spoons during summer 2026.
Buffett's Past Stance
Warren Buffett once said he would 'cry' rather than smile when a company he didn't control made acquisitions.
“When we read that a company we don't control is going to make an acquisition, I'm much more inclined to cry than to smile.”
Berkshire's Investment Strategy
Berkshire Hathaway added $330 million to its Bending Spoons stake, making it 0.4% of their portfolio.
Why This Matters
Berkshire's move shows a shift from Buffett's cautious approach to riskier tech investments under Greg Abel.
The key point
Berkshire Hathaway's investment in Bending Spoons shows a shift from Warren Buffett's investment approach.
