Greg Abel assumes Berkshire on January 1, 2026, faces $358B deployment
On January 1, 2026, Greg Abel took over as Berkshire Hathaway CEO, inheriting a $358 billion cash reserve. Berkshire sold more stocks than it bought for 12 straight quarters, and buybacks paused for five consecutive quarters amid high valuations. Abel says the firm's capital allocation approach will remain consistent with past practice.