Key facts
- Berkshire Hathaway committed $16.8 billion in two days.
- The company invested $10 billion in Alphabet.
- Berkshire Hathaway acquired Taylor Morrison Home Corp. for $6.8 billion.
- These actions signal a shift in capital allocation strategy.
- The company believes the housing market will recover from its slump.
Berkshire Hathaway, under new CEO Greg Abel, has committed $16.8 billion in two days, signaling a potential shift in capital allocation strategy. The conglomerate invested $10 billion in Alphabet and acquired homebuilder Taylor Morrison Home Corp. for $6.8 billion. These moves address investor pressure to deploy the company's substantial cash reserves and reflect confidence in a future housing market recovery.