Warren Buffett leaving behind big cash pile for successor Greg Abel

With Berkshire's cash hoard of $347.7 billion, Abel, one of the company's most acquisitive managers, will get to put his stamp on the Omaha, Nebraska-based company with more buyouts and investments. He said Saturday before the announcement that the company's investment philosophy would not change under his stewardship.

from International-News-Economic Times https://ift.tt/uEsaXMj

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