No. of Recommendations: 1
Alphabet is Greg’s first big move and it feels to me like a sharp break either way the past.If that's your concern, then perhaps this will help:
"Warren Buffett said he — not Berkshire Hathaway’s new CEO, Greg Abel — was the driving force behind the conglomerate’s recent big investment in Alphabet.
'I initiated it,' Buffett said in an interview with CNBC’s Becky Quick, offering his first public explanation of how the conglomerate came to make Alphabet one of its largest technology holdings.
'I am not doing anything that he doesn’t approve of. He’s not doing anything I don’t approve of. We talk all the time, but he is the decider,' the Berkshire chairman added, referring to his CEO successor, Abel."
cnbc.com - Warren buffett tells cnbc he initiated berkshire hathaways investment in alphabet