business / news / / The Sunday Times
Greg Abel replaced Warren Buffett as chief executive of Berkshire Hathaway in January.
Greg Abel confirmed Berkshire Hathaway is actively hunting acquisitions but finds valuations too high currently.
KEY POINTS
- Berkshire's cash pile is nearly $400 billion, with ongoing debate on how Abel will deploy it.
- Abel revealed that AI is being used within BNSF but key decisions remain human-controlled.
- Shareholders noted Berkshire's stock has underperformed the S&P 500 since Abel became CEO.
COMPANIES
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