Greg Abel says Berkshire took Alphabet position at 6.5% discount
Berkshire Hathaway CEO Greg Abel told CNBC the conglomerate’s initial $10 billion Alphabet position was taken at a 6.5% discount, a term he said he recommended himself.
Berkshire Hathaway (NYSE:BRK.B) chief executive Greg Abel told CNBC on Wednesday that the conglomerate's initial $10 billion Alphabet NASDAQ:GOOGL position was taken at a 6.5% discount, a term he said he recommended himself.
Abel described discussing both the size and the discount with Warren Buffe…