Warren Buffett's Successor, Greg Abel, Put Nearly $35 Billion of Cash to Work Last Quarter. Here's What He Bought.
Key PointsAbel invested $35 billion of Berkshire Hathaway's cash across marketable equities, acquisitions, and share repurchases.
Key PointsAbel invested $35 billion of Berkshire Hathaway's cash across marketable equities, acquisitions, and share repurchases.
BELLINGS Intelligence Score: 12
Why it matters
This is a large but routine capital deployment by Berkshire Hathaway's new CEO, reflecting ordinary portfolio management rather than a structural market event.
Sources
Nasdaq
Warren Buffett's Successor, Greg Abel, Put Nearly $35 Billion of Cash to Work Last Quarter. Here's What He Bought.
Key PointsAbel invested $35 billion of Berkshire Hathaway's cash across marketable equities, acquisitions, and share repurchases.