Move Over, Alphabet! Warren Buffett's Successor, Greg Abel, Has Nearly $47 Billion Devoted to This Top Investment Idea

Key Points Greg Abel wasted little time making his mark on Berkshire Hathaway’s $360 billion investment portfolio following Warren Buffett’s Dec. 31 retirement. Although Google parent Alphabet is now Berkshire’s No. 3 holding, another of Abel’s top investment ideas has taken precedence. Buffett and Abel are both sticklers for value and favor businesses that offer robust capital-return programs. 10 stocks we like better than Berkshire Hathaway › It's the dawn of a new era for Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) . Following Warren Buffett's retirement as CEO on Dec. 31, the trillion-dollar conglomerate that the Oracle of Omaha helped build entered the year with a new boss for the first time in over half a century.