๐๐๐ซ๐ค๐ฌ๐ก๐ข๐ซ๐ ๐๐๐ญ๐ก๐๐ฐ๐๐ฒ ๐๐๐ญ๐๐ซ ๐๐ฎ๐๐๐๐ญ๐ญ: ๐ฐ๐ก๐๐ญ ๐ซ๐๐๐ฅ๐ฅ๐ฒ ๐ฆ๐๐ญ๐ญ๐๐ซ๐ฌ ๐ง๐จ๐ฐ ๐๏ธ
This post has no stock picks, but it does end with a photo of me and the Berkshire Hathaway CEO ๐ธ
At the end of 2025, Warren Buffett officially stepped down as CEO of $BRK.B (Berkshire Hathaway Inc), closing more than 60 years at the helm. Over that period, he turned a struggling textile company into one of the most trusted and valuable businesses in the world.
Leadership passed to Greg Abel, a long time insider who previously ran Berkshireโs non insurance operations. Buffett remains chairman but has said he will step back from public visibility and day to day decision making.
๐๐ก๐ฒ ๐๐ฎ๐๐๐๐ญ๐ญ ๐ข๐ฌ ๐๐จ๐ง๐๐ข๐๐๐ง๐ญ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ฎ๐ซ๐ ๐ง
In his final interviews, Buffett said Berkshire has better odds than almost any company to still exist 100 years from now. His reasons were straightforward. Berkshire was built as a system, not around one person.
The company owns close to 200 businesses across insurance, railroads, utilities, energy, and consumer brands. On top of that, it holds one of the largest piles of cash and marketable securities like short term treasuries. This structure was designed to survive leadership changes and economic cycles.
๐๐ก๐ฒ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ก๐๐ฌ๐ข๐ญ๐๐ญ๐๐ ๐ค
Even though the transition was planned for years, Berkshire shares lagged the broader market after Buffett announced his retirement. Some investors questioned whether the company could still justify a valuation without
Buffett personally in charge.
In simple terms, investors were cautious. They wanted to see how the new CEO Greg Abel performs before fully trusting the stock or the company again.
Abel is inheriting an unusually strong position. Berkshire holds more than 350 billion dollars in cash and short term Treasuries, alongside hundreds of billions in publicly traded stocks. That gives Berkshire enormous flexibility. It can wait, buy assets during market stress, or deploy capital only when valuations are attractive.
๐๐ก๐๐ญ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ ๐ฐ๐๐ญ๐๐ก๐ข๐ง๐ ๐ข๐ง ๐๐๐๐ ๐
The main focus is capital allocation. As interest rates fall, the cost of holding large amounts of cash increases. Markets will watch how Abel reacts with this amount of money.
Abel however has said Berkshireโs investment philosophy will not change. The company will continue to focus on businesses with strong cash generation and long term visibility, requiring confidence in how a business will look 10 or 20 years into the future.
Investors are also paying attention to Berkshireโs late 2025 investment in $GOOG (Alphabet) If Abel played a key role, it could signal a willingness to make larger technology investments under the new leadership.
๐๐ฅ๐จ๐ฐ ๐๐ฎ๐ญ ๐ฆ๐๐๐ง๐ข๐ง๐ ๐๐ฎ๐ฅ ๐๐ก๐๐ง๐ ๐๐ฌ ๐
Some changes have already started. Berkshire is bringing in a new chief financial officer, has hired its first general counsel, and may slowly share more information with investors.
This does not mean something is wrong. The real risk is not failure, but that Berkshire becomes more like any other big company. Greg Abelโs main task is to keep Berkshire patient, disciplined, and long term focused, while showing investors they can trust him the same way they trusted Buffett.
๐๐ฒ ๐ญ๐๐ค๐ ๐ญ
Over the past year, we have already seen where Berkshire is heading. Buffett trusted Greg Abel long before this handover, so Abel is not new to making big decisions. He has been part of the process for a while.
However the headlines said that almost every move was โBuffett is buying thisโ or โBuffett is selling that.โ But I think things were already more shared behind the scenes.
When it comes to Greg Abel, he is stepping into a company that is in an incredible position. At the same time, his job will be extremely hard. Deploying more than 300 billion dollars in cash is not easy. Honestly, if you were sitting on that much cash, what would you do?
I think Abel will need a few quarters before investors can really understand his style. Until then, the investors will probably be more reserved.... Show More
Thank you, great post and a wonderful picture! I have since long trusted BRK and I do not feel to change it now. Since before the announcement, I studied all there is to know about Greg Abel and trust him at the helm as much as I did Warren Buffett. After all, there's only one Berkshire Hathaway... Show More
The smartest thing done by Berkshire Hathaway was to brand themselves as a stock you buy and hold for good. beyond the unique investment strategy that is one of the main contributors to their success. ... Show More
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Sat Feb 14 2026 12:56:34 GMT+0000 (Coordinated Universal Time)
