BRKB Stock: Investors Are Starting To Look Past Warren Buffett - Investor's Business Daily
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- Berkshire Hathaway (BRKB) investors are starting to look past founder Warren Buffett as new CEO Greg Abel takes the helm, according to Investor's Business Daily
- Greg Abel is spending a chunk of Berkshire's massive cashpile, with Q2 cash balances retreating due to increased investments and share buybacks
Why it matters: Berkshire's massive cashpile — long treated as a defensive moat under Buffett — is now being actively drawn down by Greg Abel through investments and buybacks, signaling a visible shift from accumulation to deployment. For BRKB shareholders, Q2 marks the first concrete evidence of a post-Buffett capital allocation philosophy.
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