Greg Abel Is Betting on Homebuilders Even as the Pending Home Sales Index Sits Near Its Second-Lowest Reading Ever, Down 36% Since 2021. Is Berkshire Early to a Housing Recovery, or Just Early?

Key Points Greg Abel took over the helm of Berkshire Hathaway at the start of 2026. The new CEO's first big move was to buy Taylor Morrison Home during a housing industry downturn. 10 stocks we like better than Berkshire Hathaway › Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) has undergone a massive leadership transition, with Greg Abel taking over as CEO from Warren Buffett. Abel is expected to be a more hands-on leader, actively participating in managing the company's vast portfolio of owned businesses. His first big acquisition hints at what he's looking to do. But don't read too much into the timing of the move.