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Berkshire Shifts Strategy with Big Cash Moves | Macon News
Berkshire Hathaway is flipping its long-standing strategy, shifting from selling to buying stocks as it deploys billions in cash—most notably into Alphabet and its own shares—signaling confidence in undervalued stock. After 14 quarters of net sales, the company now invested nearly $20 billion more than it sold, fueled by strong railroad and service profits despite Geico’s struggles. Greg Abel, newly installed CEO, is making his mark with this bold capital allocation, while investors watch closely as Berkshire’s $364 billion cash pile dips from record highs. The company also acquired a home…
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