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yesterday
Berkshire Hathaway: Compounding Becomes More Challenging, But Not Broken
Berkshire Hathaway maintains its enduring business model as Greg Abel assumes the CEO role, emphasizing continuity in capital allocation discipline. Despite cyclical headwinds in insurance and BNSF underperformance, BRK's diversified operations and robust cash position ($373B) reinforce its resilience and operational moat. Abel's annual letter underscores a steadfast commitment to owner-minded management, rigorous execution, and capital allocation as the primary driver of long-term shareholder value.