"Post-Buffett Era" First Shareholder Letter: Buffett is still at the helm, holding 370 billion in cash, steadfast in Japanese investment strategy

Wallstreetcn
2026.02.28 13:51
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Berkshire Hathaway Inc. released its 2025 shareholder letter, which is the first letter written by the new CEO Greg Abel, marking the beginning of the "post-Buffett era." Abel confirmed that Warren Buffett remains the chairman and emphasized that holding $370 billion in cash is to support the insurance business and respond to financial crises. He stated that shareholder returns will prioritize stock buybacks over cash dividends and demonstrated a strict discipline towards investments