New Berkshire CEO Greg Abel’s first ‘major move’ is decision that Warren Buffet never took; it may be good news for Google and bad news for Amazon
TIMESOFINDIA.COM / May 17, 2026, 07:42 (IST)
Berkshire Hathaway, under new CEO Greg Abel, has significantly altered its investment strategy. Abel has more than tripled the stake in Alphabet (Google's parent company) and completely sold off Amazon shares, a departure from Warren Buffett's long-held tech aversion. Additionally, Berkshire made a substantial investment in Delta Airlines, another sector Buffett previously expressed skepticism about.