Warren Buffett said Tuesday he remains closely involved in investment decisions Berkshire Hathaway even after stepping down as chief executive, adding that he had recently made a “tiny” new purchase.
The 95-year-old investor said in an interview with Becky Quick on “Squawk Box” that he still comes into the office daily and continues to engage with the markets by working on trades with colleagues. Buffett described a routine in which he called Mark Millard, Berkshire’s director of financial investments, before the opening bell to discuss market developments.
Millard, whose office is about 20 feet away, is executing deals based on those conversations, Buffett said, emphasizing that he remains hands-on despite handing over the CEO role to Greg Abel in early 2026.
“I won’t do any [investments] that Greg thinks they are wrong. … Greg gets the paper every day,” Buffett said, referring to the company’s regular investment updates. Asked if he had made any new investments, he said he had recently made “a small purchase” without elaborating.
Buffett also downplayed recent market volatility, suggesting that current conditions lag far behind past periods that created major buying opportunities.
“It’s certainly down more than 50% three times since I took over. … That’s not something that would get you excited,” Buffett said.
The “Oracle of Omaha” also revealed that Berkshire bought $17 billion in Treasuries at the weekly auction this week. Berkshire had more than $370 billion in cash equivalents on its books at year-end, most of it held in government bonds.
Read more from the CNBC interview with Warren Buffett
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