NYSE:BRK.ADiversified Financial
Greg Abel Reshapes Berkshire Hathaway Portfolio With Record Cash And Buybacks
Greg Abel has taken over as CEO of Berkshire Hathaway (NYSE:BRK.A) following Warren Buffett's retirement.
Abel has re-entered the airline sector with a $2.65b stake in Delta Air Lines.
Berkshire has fully exited positions in Visa, Mastercard, Amazon, UnitedHealth and several other holdings.
The company has expanded its investment in Alphabet and carried out large net stock sales, leading to record cash reserves.
Berkshire has resumed stock buybacks for the first time in nearly two...