Overview
- Berkshire Hathaway, under Buffett's leadership since 1965, has grown into a $1.15 trillion conglomerate with 189 operating businesses and a robust investment portfolio.
- In 2024, Berkshire's insurance division accounted for 48% of its $47.4 billion operating profit, while its shares rose 18% through April 2025, outpacing the S&P 500's 5% decline.
- The company is sitting on a record $334 billion cash reserve, with investors eager for clarity on potential acquisitions or other capital deployment strategies.
- Greg Abel, designated as Buffett's successor, will join Buffett and Ajit Jain during the May 3 Q&A session at the shareholder meeting in Omaha, Nebraska.
- Analysts and shareholders are closely watching for updates on the leadership transition and how Berkshire plans to sustain its performance in volatile markets.