Although Charlie Munger passed away in 2023 and Warren Buffett stepped down from the CEO chair in 2025, Berkshire Hathaway ( NYSE: BRK.B ) , new CEO Greg Abel has yet to make any meaningful strategic decisions of his own so far.
Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire.
The conglomerate also owns stakes of about 10% in five Japanese trading companies
Warren Buffett's Berkshire Hathaway plans to acquire a 2.5% stake in Tokio Marine for $1.8 billion as part of a strategic partnership.
Buffett started one new position and added to four other stocks in Berkshire's portfolio last quarter. The stock purchases are relatively small, but indicate Buffett saw value in those shares.
BRK.B slips 3.6% YTD and trades above industry valuation, but its insurance float, cash pile and diversified businesses still power long-term value.
Berkshire Hathaway (NYSE:BRK.B) has been a steady performer over the decades, but, of late, the legendary conglomerate seems to be entering uncharted territory, with a new CEO who's not named Warren Buffett (enter Greg Abel) and a cash pile that's starting to get quite mountainous.
Greg Abel's first Berkshire Hathaway Shareholder Letter was notably detailed, signaling strong operational command. Abel's approach highlighted Berkshire's highly decentralized structure, with subsidiaries not reporting to the top like typical corporations, a broadened leadership presence to be on the podium at the annual meeting. Major policies like no dividend are sustained while share buybacks resumed and policy on the large $373 billion cash position explained.
Warren Buffett's successor as Berkshire Hathaway CEO just shared the details of his first big move. Greg Abel, who took over in January, repurchased $225 million worth of Berkshire shares on March 4.
Buffett spent his final years as Berkshire's CEO selling stocks and growing the cash reserves to a record $373 billion. He has compared today's stock market to a "casino" and warned of "feverish activity," while trimming major positions.
He retired as Berkshire Hathaway's CEO in December, handing letter-writing duties to his successor—after setting a standard some aspire to meet.
The clip questions blaming a 5% share drop on Greg Abel for not making instant, flashy CEO moves. Viewers are urged to look past headlines and focus on fundamentals and capital allocation strategy.