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Abel Replaces Buffett’s Domino’s Bet | Business and Finance News
Description
Greg Abel, Warren Buffett’s successor at Berkshire Hathaway, is already reshaping the portfolio—dumping 16 investments including Domino’s, while tripling down on Alphabet. With a $29 billion stake, Berkshire now holds Alphabet as one of its top five assets, betting on Google’s search dominance and AI-driven growth. Abel’s move signals a bold new direction: prioritizing companies with entrenched market power and explosive tech upside.
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