Berkshire Hathaway shrinks cash pile in Buffett’s last act as CEO. Here’s how successor Greg Abel is now looking to spend.
It’s Greg Abel’s Berkshire Hathaway now, but the last act of Warren Buffett as CEO appears to have been putting some of the conglomerate’s record cash hoard to work. And in the first annual shareholder letter not penned by Buffett in 60 years,