Greg Abel, Berkshire Hathaway's new CEO, reported the company’s first quarterly earnings without Warren Buffett at the helm, showing a 17% increase in operating earnings and a significant cash pile of $380 billion. This continuation of Buffett’s conservative financial strategy matters to investors as it signals stability and adherence to long-standing corporate principles despite leadership changes.
Read the full article at Business Insider
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Ali NematiWritten by Ali
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