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Abel’s Bold Alphabet Bet | Durham News
Greg Abel’s first quarter at Berkshire Hathaway was bold and decisive: he slashed 16 investments, shrinking the portfolio to 29 holdings, then poured nearly $17 billion into Alphabet—tripling his stake in Class A shares and adding Class C. With $10 billion invested after Alphabet’s AI-focused $80 billion raise, this marks a major pivot toward concentrated tech bets. Abel’s moves follow Todd Combs’ departure and reflect Buffett and Munger’s past regrets over missing Google. With $400 billion in cash, Berkshire’s new strategy under Abel is clear: big bets on high-conviction plays, especially in…
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