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Greg Abel, 63, succeeded arguably the world's most famous investor as Berkshire's chief executive.
Greg Abel affirmed Berkshire Hathaway will avoid bureaucracy and not rush to deploy its US$380.2 billion cash.
KEY POINTS
- Berkshire repurchased US$234 million of its own stock in Q1 2024, its first buyback since May 2024.
- An Oregon appeals court ruling reduced the immediate wildfire liability threat to Berkshire’s PacifiCorp utility.
- Annual shareholder meeting attendance and arena lines were significantly down compared to recent years.
- Berkshire shares have lagged the S&P 500 by 39 percentage points since Buffett announced his CEO departure.
COMPANIES
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