"Berkshire Hathaway tripled its Alphabet stake and placed a new bet on Delta Air Lines last quarter. The company appears to have sold many of the departed Todd Combs' stock picks. Warren Buffett's successor as CEO, Greg Abel, exited bets including Amazon, Visa, and Mastercard."
"Why did Berkshire exit Amazon? How is Alphabet part of the AI boom? What factors influence airline investments?"
Berkshire Hathaway tripled its Alphabet stake and added a new investment in Delta Air Lines during the last quarter. The company also appears to have sold many of the stock picks associated with Todd Combs. Greg Abel, who became CEO after Warren Buffett, exited several bets including Amazon, Visa, and Mastercard. The changes raise questions about why Berkshire reduced exposure to Amazon and how Alphabet fits into the AI boom. The shift also points to how Berkshire evaluates airline investments based on factors that can affect returns and risk.
Read at Business Insider
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