Greg Abel Just Spent $23.5 Billion on 9 Stocks for Berkshire Hathaway. Here's the Best of the Bunch.
Berkshire was a net purchaser of stocks for the first time since 2022.
Warren Buffett recently transferred leadership of Berkshire Hathaway to Greg Abel, who retains oversight with Buffett's approval. Abel, as CEO, manages Berkshire's expansive portfolio and operating companies, though his investment experience is less established. Recently, Abel allocated approximately $23.5 billion of Berkshire's cash reserves across nine publicly traded companies. Among these investments, one stands out as the most promising.
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- Berkshire CEO Greg Abel Is Sitting on Nearly $400 Billion in Cash. Here's How His Deal-Making Approach Differs From Warren Buffett's. finance.yahoo.com
- Berkshire CEO Greg Abel Is Sitting on Nearly $400 Billion in Cash. Here's How His Deal-Making Approach Differs From Warren Buffett's. fool.com
- Greg Abel Just Spent $23.5 Billion on 9 Stocks for Berkshire Hathaway. Here's the Best of the Bunch. nasdaq.com
