Greg Abel finally puts Buffett’s cash pile to work

Greg Abel has ended a selling streak lasting over three years by deploying a net $20bn from Berkshire Hathaway's record cash pile into stocks. This shift toward active capital deployment aims to reshape the company's growth trajectory and market influence. Notably, Abel's first major transaction involved a $6.8 billion investment in homebuilder Taylor Morrison. Warren Buffett has praised Abel's execution of these strategic investments as the firm moves away from its previous period of inactivity.