This Has Far and Away Been the Biggest Surprise at Berkshire Hathaway Since Greg Abel Took Over From Warren Buffett
The company's investment in Alphabet stands out in multiple ways.
Overview
Greg Abel took over as CEO of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) from Warren Buffett this year, and there have been some notable changes in the company's holdings over the past several months. Not only has Abel been buying more stocks in the most recent quarter, breaking Berkshire's 14-quarter streak of being a net seller of stocks, but the composition of the portfolio also looks much different than in the past.
The biggest and most surprising move is undoubtedly its large position in Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL).
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
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.