Move Over, Coca-Cola: Warren Buffett's Successor, Greg Abel, Has a New No. 3 Holding at Berkshire Hathaway

Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, has significantly increased the company's stake in Alphabet through a $10 billion private placement, elevating it to the No. 3 position in Berkshire's portfolio ahead of long-held Coca-Cola. The move signals Abel's confidence in Alphabet's AI leadership and cloud growth potential, marking a shift toward tech investments that Buffett historically avoided.