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

  • Warren Buffett reflected on 60 years with Berkshire Hathaway and noted its growth since he transformed it from a struggling textile company into a massive conglomerate.
  • Berkshire Hathaway now holds $334.201 billion in cash, nearly doubling from $167.6 billion last year.
  • Buffett assured shareholders that Greg Abel, his chosen successor, is ready for significant investment opportunities, despite challenges in finding major acquisitions recently.
  • This year's shareholder meeting will be shorter, lasting only from 8 a.m. To 1 p.m., reflecting Buffett's age and recent health considerations.
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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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