Greg Abel has started deploying Berkshire Hathaway's record cash pile after taking over as CEO from Warren Buffett. With nearly $400 billion in cash reserves, Berkshire recently invested $10 billion in Alphabet through a private placement, making it one of the conglomerate's largest holdings. The move marks a shift as Abel charts his own investment strategy.
Greg Abel has started deploying Berkshire Hathaway's record cash pile after taking over as CEO from Warren Buffett. With nearly $400 billion in cash reserves, Berkshire recently invested $10 billion in Alphabet through a private placement, making it one of the conglomerate's largest holdings. The move marks a shift as Abel charts his own investment strategy.
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