GeneralNeutralFortune Crypto · 4h ago6/10
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Buffett says Abel ‘has launched’ with his first big Berkshire deal: an $8.5 billion housing bet
Warren Buffett's successor Greg Abel has completed his first major acquisition as Berkshire Hathaway's operational leader, purchasing Taylor Morrison Home Corporation for $8.5 billion. The deal demonstrates Abel's strategic direction while revealing a notable exception to Buffett's traditional investment criteria, signaling a potential shift in how the conglomerate allocates capital.
