Greg Abel Makes First Major Investments at Berkshire Hathaway, Focusing on International Markets
Warren Buffett's successor, Greg Abel, has made his first major purchases as CEO of Berkshire Hathaway, investing in Japanese stocks with strong capital-return programs. This move comes as the U.S. stock market is at its second-highest valuation in 155 years, prompting Abel to look overseas for value. Abel shares Buffett's value investing philosophy but is steering Berkshire's investment strategy toward international opportunities.
Topics: Berkshire Hathaway CEO Retirement Corporate Leadership Greg Abel Warren Buffett