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Warren Buffett Reflects on 60 Years Leading Berkshire, Highlights Record Cash Reserves

  • Warren Buffett's annual letter celebrated Berkshire Hathaway's success over 60 years, noting the company now holds $334.201 billion in cash, nearly double from the previous year.
  • Buffett confirmed Greg Abel as his chosen successor, emphasizing Abel's readiness to act on investment opportunities.
  • Berkshire Hathaway invested $13.8 billion in five major Japanese conglomerates over six years, which are now valued at $23.5 billion, showcasing strong international investment.
  • Buffett announced that the upcoming shareholder meeting would be shorter, reflecting on his age.
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CWEB.com - Trending News, Business News, Shopping Deals, Videos broke the news in on Thursday, February 20, 2025.
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