Berkshire Hathaway's (BRK/B) first earnings without Warren Buffett at the helm resulted in a sell-off. Macrae Sykes still calls the report a great one backed by excellent commentary from new CEO Greg Abel pointing to a strong 20-plus years ahead.
Shares of the massive conglomerate declined after management reported a significant year-over-year drop in quarterly operating earnings. Management intentionally reduces insurance premium volume in competitive markets to protect the long-term health of its massive float.
The end of Warner Bros. Discovery as an independent company seemed to follow the pattern of Ernest Hemingway's take on how one becomes bankrupt: “Gradually, then suddenly.
BRK.B's Q4 earnings and revenue miss estimates, with profit down year over year, even as full-year sales edged up and cash swelled to $51.9B.
Stocks are generally trading at historically high valuations. But this Buffett stock still looks very cheap in comparison.
Shares of the Omaha-based conglomerate fell after Berkshire reported operating earnings of $10.2 billion in the fourth quarter – a nearly 30% decline from the year-ago period. Berkshire ended 2025 with a cash pile of more than $370 billion.
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Greg Abel has told shareholders that he plans to follow Warren Buffett's blueprint as he starts his own era at Berkshire Hathaway.
BOSTON & HONG KONG & SINGAPORE & DUBAI, United Arab Emirates--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance Names Marcus Portbury Regional President, Asia Middle East.
The quarter was Warren Buffett's last as the conglomerate's chief executive, a job now held by Greg Abel. Buffett remains chairman.
Berkshire Hathaway confirmed in its latest annual update that Greg Abel will oversee the vast majority of its equity investments. The company's cash hoard sits at about $373 billion, giving management plenty of dry powder.
Berkshire Hathaway maintains its enduring business model as Greg Abel assumes the CEO role, emphasizing continuity in capital allocation discipline. Despite cyclical headwinds in insurance and BNSF underperformance, BRK's diversified operations and robust cash position ($373B) reinforce its resilience and operational moat. Abel's annual letter underscores a steadfast commitment to owner-minded management, rigorous execution, and capital allocation as the primary driver of long-term shareholder value.
Berkshire Hathaway enters a new era under CEO Greg Abel, maintaining a shareholder-first philosophy and long-term focus. Despite some disappointing operating earnings and insurance segment weakness, BRK's core businesses like BNSF and manufacturing delivered margin and cash flow improvements. The fortress balance sheet—$373B in cash and $294B in equities—positions BRK for opportunistic investments and reduces operational risk.
On Saturday, Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) new CEO Gregory E. Abel's shared his first annual shareholder letter, laying out how the company plans to keep its stewardship-first culture intact after the handoff from Warren Buffett.
Berkshire Hathaway maintains its decentralized culture and capital discipline under new CEO Greg Abel, with added focus on operating excellence. Abel restored segment performance detail and stock positions in the shareholder letter, making it a more complete picture of the company. A fortress balance sheet and dry powder for opportunistic investments continue to take precedence over dividends or buybacks above intrinsic value.
After two months on the job, new Berkshire Hathaway CEO Greg Abel emphasizes he won't be making major changes to the way the company has operated for decades under Warren Buffett's leadership.
Berkshire Hathaway sold a net total of $187 billion in stock over the last 13 quarters, which suggests Buffett has struggled to find reasonably priced investments. The S&P 500's CAPE ratio averaged 39.8 in February, a valuation that (apart from the last few months) has not been seen since the dot-com crash in late 2000.
On Dec. 31, after more than half a century at the helm, Warren Buffett stepped down from the CEO role at Berkshire Hathaway. The stock market is historically expensive, as evidenced by Berkshire's enormous cash pile and Buffett's persistent net selling of stocks leading up to his retirement.
Berkshire Hathaway expects only "limited activity" in its largest equity positions. CEO Greg Abel praised the leadership of Berkshire's four biggest equity holdings.