What Greg Abel Might Do With Berkshire Hathaway's Massive Cash Pile
Yahoo Finance ·
Obviously, nobody owns a functioning crystal ball. So, take any predictions about someone else's future actions with a grain of salt. You can make educated guesses, however, based on a person's past patterns and current situations. With that as the backdrop, what is relatively new Berkshire Hathaway ( BRKA +0.71% ) ( BRKB +0.79% ) CEO Greg Abel apt to do with the $397 billion in liquidity he hasn't yet used? Here are three pretty good bets. Previous Berkshire CEO and chief stock picker Warren Buffett wasn't staunchly against stock repurchases ; they did happen while he was at the helm. But they certainly weren't always his preferred use of cash, even if that cash was going to sit idle for a while.
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