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Video | Bloomberg: Berkshire Ends 14-Straight-Quarter Net Sell Streak, Makes Moves to Buy Google, Tokio Marine, and Other Company Stocks

Aug 10, 19:28

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.