economy

Greg Abel finally puts Buffett’s cash pile to work

Berkshire Hathaway chief ends more than three-year selling streak as he ploughs a net $20bn into stocks

Greg Abel finally puts Buffett’s cash pile to work

TL;DR

  • Berkshire Hathaway has ended a selling streak lasting more than three years.
  • The company has invested a net $20 billion into stocks.
  • This signifies a major shift in their investment strategy.