Video | Bloomberg: Berkshire Ends 14-Straight-Quarter Net Sell Streak, Makes Moves to Buy Google, Tokio Marine, and Other Company Stocks
On August 8, Bloomberg reported that Berkshire Hathaway is accelerating the deployment of its cash reserves. Recently, it has acquired homebuilder Taylor Morrison, purchased $10 billion of Google's parent company stock, and increased its stake in Japan's Tokio Marine Holdings. Over the past 6 months, the amount of capital Berkshire has deployed has even exceeded the investment pace during Buffett's last years as CEO. This also serves as a significant signal after new CEO Greg Abel took over, as he, compared to Buffett, pays more attention to the specific operations of the subsidiary companies and demonstrates a more proactive investment style.