Berkshire Hathaway CEO states that capital allocation will continue to be "intentional and cautious"

NightAirdropper · 2026-02-28T15:20:12+00:00

Berkshire Hathaway CEO Greg Abel stated that Warren Buffett spends five days a week in the office, the company's culture and values will remain unchanged, cash reserves will be prudently allocated, and shares will be repurchased when stock prices are below intrinsic value.

NightAirdropper

2026-02-28 15:20:12

Abstract generation in progress

Berkshire Hathaway CEO Greg Abel stated in a letter to shareholders that Chairman Warren Buffett is in the office five days a week and is always available to help. Abel said he plans to serve as CEO for the long term and noted that even after 20 years, his tenure would be only a small part of Buffett’s 60-year tenure. Berkshire’s corporate culture and values remain unchanged and will be “permanently sustained.” Berkshire’s cash reserves are described as “dry gunpowder,” indicating that capital allocation will remain “intentional and cautious.” When Berkshire’s stock trades below its intrinsic value estimate, the company will buy back shares.

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