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Berkshire Hathaway’s Greg Abel bought sector that Warren Buffett long avoided in his first year as CEO
Under new CEO Greg Abel, Berkshire Hathaway significantly boosted its tech and airline holdings, tripling its Alphabet stake and buying over $2.6 billion in Delta Air Lines shares. This shift follows Todd Combs' departure and marks a departure from Warren Buffett's historical tech avoidance, with Abel now steering the conglomerate's investment strategy.
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cnbc.com
Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines
The Omaha-based company built a position worth more than $2.6 billion, making Delta Berkshire's 14th-largest holding at the end of March.
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apnews.com
Berkshire Hathaway triples Alphabet stake and invests in Delta and Macy's under new CEO
Berkshire Hathaway more than tripled the size of its investment in Google’s parent company and bought over $2.6 billion worth of Delta Airlines stock as Greg Abel settled into the…
