Abel's Quiet Confidence: A New Era for Berkshire Hathaway? Greg Abel's first major move as CEO of Berkshire Hathaway has sent shockwaves through the business world, but it's not quite the bold stroke many expected.
Instead, his $6. 8 billion bet on homebuilder Taylor Morrison is a calculated gamble that speaks volumes about his leadership style.
On paper, the acquisition appears to be a straightforward play: take advantage of a well priced asset and boost Berkshire Hathaway's portfolio with a new sector.