Berkshire Hathaway’s new CEO Greg Abel spends a chunk of the company’s massive cashpile
Berkshire Hathaway's new CEO Greg Abel has started spending down the company's large cash reserves, investing in Google's parent company and buying back company shares. This represents a shift from his predecessor Warren Buffett's approach of holding cash. The change marks a new direction for how the company deploys its money.
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National story. 13 articles from 11 sources. Updated Aug 10, 2026.
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4 sourcesBerkshire Hathaway posted higher profit as Greg Abel ramped up buybacks and stock purchases
Greg Abel is keeping 63% of Berkshire Hathaway's $355 billion portfolio in just 5 stocks
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4 sourcesRight
3 sourcesSame wire story as other sides. No original Right take here.
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