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Greg Abel's First Big Deal as Berkshire CEO Was a $6.8 Billion Bet on Homebuilder Taylor Morrison, With Buffett Praising Abel's Execution
Currently.com • • business
Key Points:
- Warren Buffett stepped down as CEO of Berkshire Hathaway at the end of 2025, with Greg Abel taking over and making a strong initial impression through a $6.8 billion acquisition of Taylor Morrison Homes.
- Abel's first deal was relatively small compared to Berkshire's cash reserves but signaled a value-oriented and strategic approach, including plans to unify homebuilding operations into a combined platform.
- Unlike Buffett's hands-off style, Abel intends to take a more proactive role in managing and integrating Berkshire's portfolio companies to drive growth through synergies.
- Despite these positive signs, Berkshire Hathaway was not included in the Motley Fool's latest top 10 stock picks, which focus on companies with high long-term growth potential.
- Investors are encouraged to consider other growth-focused stocks identified by Motley Fool's Stock Advisor, which has a strong track record of outperforming the market.
