NYSE:BRK.ADiversified Financial
Berkshire’s New Era With Greg Abel And A Reworked Tech Portfolio
Warren Buffett is stepping down as CEO of Berkshire Hathaway (NYSE:BRK.A), with Greg Abel taking over leadership of the conglomerate.
The leadership change comes alongside a reshaped equity portfolio, including a large new investment in Alphabet and a fresh stake in The New York Times.
Berkshire has also cut its positions in long held tech names Apple and Amazon, signaling a different balance in its public equity holdings.
Berkshire Hathaway sits at the center of U.S. corporate life, with...