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The Piney Point

Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile

Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile
Photo: KPRC 2 / Click2Houston (NBC) · view original

Berkshire Hathaway's new CEO Greg Abel spent a significant chunk of the company's massive pile of cash as it invested $10 billion in Google's parent company and repurchased about $4.5 billion of its shares. The conglomerate that legendary investor Warren Buffett built reported its second-quarter...

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