Michael Burry said on Aug. 10 that Berkshire Hathaway is no longer an attractive investment, arguing that Greg Abel's first months as chief executive show the company moving away from Warren Buffett's hallmark patience in waiting for a "fat pitch." Burry said Berkshire has begun using its vast cash pile, but its early steps look more like "framing moves than investment moves." The criticism came eight months after Abel succeeded Buffett in January 2026 and after Berkshire's second-quarter results showed stronger capital activity and solid earnings. Berkshire made about $4.5 billion of share repurchases in the quarter, became a net buyer of equities for the first time in more than three years and ended June with about $365.5 billion in cash, cash equivalents and short-term Treasury securities, though earlier coverage described June 30 cash and equivalents at $364.7 billion. Net income more than doubled to $25.67 billion and operating earnings rose 16.3% to $12.98 billion. Class B shares traded at $534.47 on Monday, up 2.43% on the day but only about 3.8% higher for 2026, trailing the S&P 500's 13.3% gain as investors assess whether Berkshire can preserve Buffett's capital allocation discipline under Abel.