✉news BusinessMarkets first seen 7 h ago, last 5 h ago, peak #22
Greg Abel Ends Berkshire's Long Streak of Net Stock Sales
Original: Greg Abel Just Broke Berkshire's 14-Quarter Streak of Net Stock Sales, Buying a Net $20 Billion Last Quarter. What That Reversal Means for Berkshire's Portfolio.
Greg Abel has broken Berkshire Hathaway's 14-quarter streak of net stock sales, reportedly buying a net $20 billion of equities last quarter. The reversal marks a sharp shift in the company's investing posture under its new leadership and is drawing attention to how Abel will deploy Berkshire's cash pile compared with Warren Buffett's long-running caution.
Why now: Investors are watching for signals of how Berkshire's strategy will change under new CEO Greg Abel.
Greg AbelBerkshire HathawayWarren Buffett
Evidence
- Greg Abel Just Broke Berkshire's 14-Quarter Streak of Net Stock Sales, Buying a Net $20 Billion Last Quarter. What That Reversal Means for Berkshire's Portfolio. · The Motley Fool
- Greg Abel Just Broke Berkshire's 14-Quarter Streak of Net Stock Sales, Buying a Net $20 Billion Last Quarter. What That Reversal Means for Berkshire's Portfolio. · Yahoo Finance
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