Greg Abel just made his first big deal as Berkshire CEO. Why Warren Buffett is happy
1 min readAnalysis by AlgoThesis Editorial Desk
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The story
Berkshire Hathaway under Greg Abel has acquired homebuilder Taylor Morrison, reportedly at a bargain valuation, marking Abel's first major deal as CEO. TMHC is trading flat on the news despite strong analyst consensus (10B/3SB vs 2S) and a strategic acquirer now in the picture, suggesting the market may be underpricing a takeout premium or re-rating catalyst.
The two-sided take
The house read
Wrong ifIf Berkshire's purchase was structured as a minority stake or debt instrument rather than a full buyout, the M&A premium thesis evaporates; also, rising mortgage rates or a housing data miss could overwhelm the Berkshire halo quickly.
Published read · research, not advice