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MARKETS-ECONOMIC TIMES · INDIAN ·

Berkshire's $16.8 billion bets signal Greg Abel's new direction at the helm

As reported by Markets-Economic Times
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.
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