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$8.5 Billion: Berkshire's Greg Abel Just Made His First Big Bet, and It's Wildly Contrarian
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$8.5 Billion: Berkshire's Greg Abel Just Made His First Big Bet, and It's Wildly Contrarian

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$8.5 billion is what Berkshire Hathaway (NYSE:BRK-B | BRK-B Price Prediction) is paying for Taylor Morrison (NYSE:TMHC), a deal that lands as Greg Abel’s first major acquisition since taking over from Warren Buffett. And it lands at the precise moment when nobody, and we mean nobody, wants to own a homebuilder. The country is sitting ... $8.5 Billion: Berkshire’s Greg Abel Just Made His First Big Bet, and It’s Wildly Contrarian

$8.5 billion is what Berkshire Hathaway (NYSE:BRK-B | BRK-B Price Prediction) is paying for Taylor Morrison (NYSE:TMHC), a deal that lands as Greg Abel’s first major acquisition since taking over from Warren Buffett. And it lands at the precise momen... [5288 chars]

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Source: 24/7 Wall St.

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