Abel Considers Investing in MercadoLibre Amid Similar Business Model and Growth Potential

Greg Abel, Warren Buffett's successor at Berkshire Hathaway, may consider investing in MercadoLibre (NASDAQ: MELI) due to its similar business model and growth potential. Unlike Amazon, which spent $152 billion on capital expenditures over the past year, MercadoLibre has only invested around $1.3 billion, a 99% reduction.

Berkshire Hathaway has experience investing in Latin American fintech companies, including StoneCo and Nu Holdings. This background could help them understand Mercado Pago's growth potential. Additionally, MercadoLibre is currently trading at a 29% discount to its mid-2025 peak.

The company's willingness to sacrifice short-term profitability for long-term growth may appeal to Abel and Berkshire Hathaway's investment team. With revenue growing by 49% year-over-year in the first quarter of 2026, MercadoLibre is expected to continue its upward trend.