Latest News About Abel reshapes Berkshire's portfolio

Greg Abel made his first big shift soon after becoming Berkshire Hathaway’s top boss. He liquidated all of the company’s shares in Domino’s Pizza. The sale ended a long stretch as one of Berkshire’s holdings. Abel deployed the capital to buy stock in a different firm. That holding is now the conglomerate’s 5th-largest investment. It was reported that the moves took place shortly following Abel took over. The shift indicates a clear shift in how the company picks its investments. Abel’s moves come as he assumes Warren Buffett’s old role.