New Berkshire Hathaway CEO Greg Abel is likely to deploy the company's $397 billion cash pile through increased stock buybacks, selective tech investments (particularly AI-related opportunities), and capital investments in Berkshire Hathaway Energy to capitalize on growing AI data center demand.
Axe note: Berkshire Hathaway’s new CEO is deploying huge cash reserves into buybacks, AI tech, and energy—lessons for South African markets.