Latest News About Greg Abel shakes up Berkshire Hathaway

Greg Abel made his first big shift soon after becoming Berkshire Hathaway’s top boss. He sold off all of the company’s shares in Domino’s Pizza. The sale ended a long stretch as one of Berkshire’s holdings. Abel reinvested the funds to buy stock in a separate firm. That holding is now the conglomerate’s fifth largest investment. According to reports the moves took place shortly following Abel took over. The shift shows a clear shift in how the company selects its investments. Abel’s moves come as he assumes Warren Buffett’s old role.