Berkshire Hathaway is deploying its vast cash reserves. Greg Abel has committed $16.8 billion in two days. This includes a $10 billion investment in Alphabet and the acquisition of Taylor Morrison Home Corp for $6.8 billion. These moves signal a shift in capital allocation strategy. Investors have urged for more deployment of cash. The company holds significant cash reserves.

Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain valuation.

Berkshire Hathaway’s new chief executive, Greg Abel, has signaled a potential departure from Warren Buffett’s long-held hands-off operating model, following the announcement of a…