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Key FactsGreg Abel Leads Berkshire With Patience and Large Cash Reserves
May 6, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: boerse-online.de
  • Berkshire reported operating profit of $11.3 billion in the quarter, up 18 percent from the previous year.

  • In the first quarter of 2026, cash and short-term investments reached $397 billion; Abel considered current valuations too high.

  • The large cash position makes Berkshire’s insurance business less dependent on banks and capital markets during major claims.

  • Abel wants subsidiaries to improve efficiency; BNSF is expected to use AI for better resource use and faster operations.
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