
On May 2, Berkshire Hathaway (NYSE: BRK.B) shareholders attended the first shareholder meeting without Warren Buffett presiding. Buffett announced his retirement in 2025 and appointed Greg Abel as the company’s new chief executive officer.
If investors were expecting fireworks, they were disappointed. For at least the current quarter, it’s more of the same. That includes Berkshire’s focus on raising cash, which has now grown to over $397 billion, up from $373 billion at the end of 2025.