No. of Recommendations: 22
Maybe he did back in the day. Has he really gone in big in the last 20 years?
BNSF (2010) and Apple (beginning in 2016) are both in the last 20 years, so, yeah. He also paid $32 billion (which he later acknowledged was too much) for Precision Castparts in 2016.
Given the enormous current cash pile, I would not be surprised to see him make another big bet before he exits.
I also wouldn't be surprised to see Greg Abel pursue an elephant or two in the energy space after he takes over. He has been the point man for the growth of BHE from a $2 billion acquisition in 1999 to its current value around $90 billion. There are numerous large potential targets in the energy infrastructure space.
