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Markets · Investing · Business
Finance
Greg Abel Hasn't Touched Berkshire's Energy Holdings. Is That a Signal?
Greg Abel's quiet vote of confidence in Berkshire's energy holdings could be one of his most important investment signals yet.
Since taking the reins at Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), Greg Abel has been busy reshaping the conglomerate's stock portfolio. He trimmed the enormous Apple stake, built a large position in Alphabet, and closed out more than a dozen smaller holdings.
Yet one corner of the empire he has left almost entirely alone is energy. Coming from a CEO who spent his career running Berkshire's energy business, that may be a signal worth reading closely.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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