Berkshire Hathaway boss Abel puts Buffett’s record cash pile to work

New Berkshire Hathaway (NYSE:BRK.B) CEO Greg Abel has put the Warren Buffett-built conglomerate’s gigantic cash pile to work on share buybacks and stock purchases. According to the group’s latest filing, Berkshire Hathaway became a net buyer of equities in Q2. As a result, the Omaha-based company’s mammoth cash reserves declined significantly for the first time … Continue reading Berkshire Hathaway boss Abel puts Buffett’s record cash pile to work