Berkshire Hathaway Shares Slide 14% Amid Buffett Transition, Contrasting S&P 500 Rally
Berkshire Hathaway's Class A shares have tumbled 14% since May 2, the day before Warren Buffett confirmed Greg Abel as his successor. This marks the worst three-month underperformance against the S&P 500 since 1990, with the index gaining 11% during the same period.
The decline reflects investor unease about leadership transition in the post-Buffett era. Market jitters were compounded by recent tariff announcements from the TRUMP administration, which triggered a $1.1 trillion selloff across US equities last week.
While traditional markets wobble, cryptocurrency assets continue demonstrating decoupled price action. Bitcoin and Ethereum have shown resilience during recent equity volatility, reinforcing their emerging role as alternative stores of value.
