Reward 500 Tiger-coinsWarren Buffett’s final portfolio adjustment before stepping down as CEO is more than just another 13F filing.
With the latest 13F disclosure from Berkshire Hathaway, the legendary Warren Buffett’s final portfolio shift before retiring as CEO has come to light. This $274 billion portfolio is not just the Oracle’s "curtain call"—it serves as a massive question mark:
In the AI-driven world of 2026, is Big Tech still the place to be?
1. Contradictory Signals: The Oracle Retreats, Institutions "Underweight"?
Buffett’s moves remain characteristically decisive and defensive:
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$Apple(AAPL)$ was trimmed for the third straight quarter, and Amazon was slashed by a staggering 77%.
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Increased stakes in $Chevron(CVX)$ and $Chubb(CB)$, and even initiated a new position in $New York Times(NYT)$.
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Record-breaking $381.7 billion in cash on hand.
2. Early 2026 Slump: A Bursting Bubble or a "Loading" Opportunity?
Tech stocks certainly faced a "winter chill" at the start of 2026. $NASDAQ(.IXIC)$ recently suffered a five-week losing streak, its longest in nearly four years.
Institutions are currently in their most significant "underweight" position on tech in 17 years.
Data shows that the gap between Mega-cap tech weight in institutional portfolios and the S&P 500 benchmark has widened to -155 basis points. Interestingly, $NVIDIA(NVDA)$ has become the most under-owned stock (a gap of -2.57%), followed closely by Microsoft and Amazon.
The burning question: If both Buffett and major institutions are cutting exposure or underweighting, who is buying the dip?
3. Investors are starting to realize they may have "overreacted"?
The previous sell-off has turned several high-flying leaders into unexpectedly attractive value plays.
The Nasdaq has rallied for consecutive days as the market re-evaluates the value-creation potential of Adobe and Microsoft in the generative AI space. While hardwarew remains the "AI bedrock," capital is moving from "blind betting" to "selective picking."
Join the Discussion:
Should we follow Buffett’s lead and sit on cash?
Is this a final warning about a tech bubble, or is it simply the closing of one era?
Do you think now is the time to "buy the dip" on NVIDIA and Microsoft,
Share your thoughts in the comments to win tiger coins~
Comments
我们应该效仿巴菲特的做法，坐拥现金吗？
这是对科技泡沫的最后警告，还是仅仅是一个时代的结束？
你认为现在是“逢低买入”英伟达和微软的时候吗，
在评论中分享你的想法，赢取老虎币~
@MHh @icycrystal @rL @DiAngel @melson @GoodLife99 @LMSunshine @koolgal @Aqa @Fenger1188 @Shyon @Mrzorro
Come and join!
Buffett is 94. He is not trying to time Nvidia's next earnings beat or Microsoft's next AI announcement. He is preparing Berkshire for the next 50 years, not the next 50 trading days. When you are managing almost USD 1 trillion dollars, you don't buy the dip. You wait for the world to go on clearance sale.
For us mere mortals, we don't need to copy every move of the Oracle of Omaha. We definitely don't need to panic sell Nvidia just because he trimmed Apple.
We are trying to buy good companies at fair prices without losing sleep.
Is it time to buy Nvidia or Microsoft?
Yes if you believe that these companies will still dominate 5 to 10 years from now.
Buffett once said:
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
When it does I will be standing outside with a bucket.
@Tiger_comments @TigerStars
Warren Buffett’s massive cash position is viewed by many analysts as a deliberate defensive posture against an expensive market, though it may not necessarily be a "final warning" of an imminent crash.
As of early 2026, the tech sector is navigating significant volatility, with heavyweights like NVIDIA and Microsoft seeing notable pullbacks from their 2025 all-time highs.
While some see this as an AI bubble beginning to burst, others view it as a "normalization" where markets are starting to distinguish between true AI disruptors and those merely benefiting from temporary hype.
Buy the Dip? NVIDIA and Microsoft Analysis
Both companies have experienced sharp pullbacks in early 2026, leading some to see them as "surprising bargains" and others to remain cautious.
Microsoft (MSFT)
Microsoft started 2026 with a roughly 15% year-to-date decline following its January earnings report.
The Bull Case: From a valuation standpoint, Microsoft is considered at its cheapest levels since the start of the AI revolution, with a P/E multiple of roughly 25—its lowest in three years. Sell-side analysts remain bullish with price targets implying nearly 48% upside.
The Bear Case: Investors are increasingly skeptical of the return on investment (ROI) for Microsoft's accelerating AI infrastructure capital expenditures.
NVIDIA (NVDA)
NVIDIA's outlook is tied heavily to its data center and AI GPU prospects.
Valuation: Some analysts consider NVIDIA "moderately undervalued" with a fair value estimate of $240 per share.
The "Gift" Scenario: Analysts predict a potential drop after its February 25, 2026, earnings update due to "high-expectations," which could serve as a "gift" for long-term investors to enter at better prices.