Latest News About Berkshire Hathaway's new boss acts fast

Greg Abel took a bold step soon after becoming Berkshire Hathaway’s top boss. He liquidated all of the company’s shares in Domino’s Pizza. The sale marked the end of a long stretch as one of Berkshire’s holdings. Abel deployed the capital to buy stock in a new firm. That holding is now the conglomerate’s 5th-largest investment. According to reports the moves took place right after Abel took over. The shift indicates a clear shift in how the company picks its investments. Abel’s moves come as he takes on Warren Buffett’s old role.