Greg Abel's First Big Acquisition for Berkshire Hathaway Shows Him Following in Warren Buffett's Footsteps

Greg Abel's First Big Acquisition for Berkshire Hathaway Shows Him Following in Warren Buffett's Footsteps

Key PointsGreg Abel just made his first major acquisition as CEO of Berkshire Hathaway.The current industry down cycle presented a great long-term opportunity.The move could have implications for Berkshire's marketable equity portfolio.10 stocks we like better than Taylor Morrison Home › Warren Buffett transformed Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) from a failing textile company into a massive trillion-dollar conglomerate over his 60 y…

STOCK MARKET: Abel goes his own way with new Berkshire investments, including billions for AI

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) ABEL GOES HIS OWN WAY WITH NEW INVESTMENTS IN HOME BUILDING … AND AI Buffett praises new CEO for ‘fast’ and ‘smooth’ acquisition Warren Buffett tells CNBC’s Becky Quick new Berkshire Hathaway CEO Greg Abel has “launched” with his first major deal, the $6.8 bil…

Berkshire Hathaway Shares Up After Greg Abel Makes $16.8 Billion Move

Berkshire Hathaway’s Class B shares jumped 1.98% to $488.13 after announcing $16.8 billion in deals—including the $6.8 billion Taylor Morrison buyout and a $10 billion private placement in Alphabet—even as the S&P 500 and Nasdaq plunged, marking CEO Greg Abel’s first major capital-allocation moves and shifting Berkshire from a cash-hoard to a deployment story. The post Berkshire Hathaway Shares Up After Greg Abel Makes $16.8 Billion Move appeare…

Greg Abel is Writing Checks for Berkshire Hathaway in a Hurry. You Should Write One for BRK.B Stock.

Berkshire Hathaway has announced investments worth $16.8 billion over the last few days, as CEO Greg Abel tries to put the conglomerate's massive cash pile to work. Is it time to buy BRK.B stock?