Greg Abel deploys Berkshire Hathaway cash into whole company acquisitions

Greg Abel, the new CEO of Berkshire Hathaway, wants to buy whole companies rather than shares in other businesses. Abel took over from Warren Buffett at the end of 2025. Buffett still comes to the office five days a week as Chairman.

Berkshire held nearly $397 billion in cash at the end of March 2026. Abel has already bought homebuilder Taylor Morrison and invested $10 billion in Alphabet shares. The company also bought back $234 million of its own stock in early 2026, its first buybacks in almost two years. Abel said buybacks will only happen when the share price is below the company's true value. He has also promised to spend his entire after-tax salary on Berkshire shares each year.