New Berkshire Hathaway CEO Greg Abel appears to be letting Warren Buffett and portfolio manager Ted Weschler make all the decisions on the company's equities.
Warren Buffett may no longer be Berkshire Hathaway CEO, but its Alphabet wager has all his hallmarks. Berkshire's third-largest stock bet on June 30 was an almost $38 billion stake in the tech titan.
Berkshire Hathaway's second-quarter portfolio moves show Warren Buffett remains a major force behind its investments even as Greg Abel settles in as CEO.