Greg Abel Just Spent $23.5 Billion on 9 Stocks for Berkshire Hathaway. Here's the Best of the Bunch.

Warren Buffett transferred control of Berkshire Hathaway to Greg Abel in early 2026. As part of the handover, Buffett gifted Abel nearly $400 billion in cash on the company's balance sheet, which had shrunk to around $365 billion by the end of Q2. Abel's first major move was the acquisition of Taylor Morrison Home for roughly $8.5 billion, a fraction of Berkshire's $17 billion investment in Alphabet.

Abel's approach differs from Buffett's in that he is actively integrating the company's housing businesses into one cohesive unit, a strategy Buffett typically avoided. While this is not a drastic change, it hints at Abel's intent to streamline and potentially improve the company's financial performance. This focus on internal integration, rather than large-scale acquisitions, could lead to more targeted deal-making and enhanced operations moving forward.

Investors should note that while this shift may have long-term implications, Berkshire Hathaway remains a solid investment, but it is not currently part of the Motley Fool's top 10 recommended stocks.