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Warren Buffett's Successor, Greg Abel, Dumped Amazon Earlier This Year and Has Begun Piling Into a Hot Tech IPO

Source: fool.com

Management & GovernanceInvestor Sentiment & Positioning
Warren Buffett's Successor, Greg Abel, Dumped Amazon Earlier This Year and Has Begun Piling Into a Hot Tech IPO

After becoming Berkshire Hathaway CEO at the end of last year, Greg Abel quickly sold the company’s Amazon shares. The article says profit-taking may not fully explain the sale but provides no further reason, transaction size, or market reaction.

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