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Berkshire Hathaway CEO Greg Abel Honors Buffett, Reports $19.2B Income

2/28/2026

46 3 Full Breakdown

Summary

Story summary

Greg Abel, in his first shareholder letter as Berkshire Hathaway CEO, honors Warren Buffett (Berkshire Hathaway Chairman).
Berkshire Hathaway will continue its investment strategy.
Berkshire Hathaway's cash reserve stands at $373.3 billion as a strategic asset.
Despite a $4.5 billion write-down on certain stakes, Berkshire Hathaway's net income is $19.199 billion.
Operating earnings fall nearly 30% to $10.2 billion.

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Story summary

Greg Abel, in his first shareholder letter as Berkshire Hathaway CEO, honors Warren Buffett (Berkshire Hathaway Chairman).
Berkshire Hathaway will continue its investment strategy.
Berkshire Hathaway's cash reserve stands at $373.3 billion as a strategic asset.
Despite a $4.5 billion write-down on certain stakes, Berkshire Hathaway's net income is $19.199 billion.
Operating earnings fall nearly 30% to $10.2 billion.