Berkshire Hathaway buys homebuilder Taylor Morrison in first deal under new CEO

Berkshire Hathaway's first major acquisition under new CEO Greg Abel marks a potential shift from the traditional, hands-off operating style established by Warren Buffett. The $6.8 billion deal for homebuilder Taylor Morrison suggests Abel might be taking a more active role in the company's operations. This move into the homebuilding sector could indicate a broader strategy to diversify Berkshire's portfolio and capitalize on the booming real estate market, signaling a notable change in the company's approach under Abel's leadership.