Warren Buffett’s Successor, Greg Abel, Pared Down Bank of America, and Piled Into a Virtual Monopoly That’s Now Berkshire’s 3rd-Largest Holding
Key Points Berkshire Hathaway’s portfolio has meaningfully changed since Warren Buffett retired as CEO on Dec. 31. Abel continued an eight-quarter streak of paring down Berkshire’s stake in Bank of America — and profit-taking likely tells only part of the story. Meanwhile, an artificial intelligence (AI) pioneer has quickly become Berkshire’s third-largest holding. 10 stocks […]
