# Warren Buffett
Latest news and articles about Warren Buffett
Total: 6 articles found
The Oracle’s Second Act: Buffett Revives the $19 Million Power Lunch with a Cultural Twist
Warren Buffett is restarting his famous charity lunch auction at age 95, partnering with NBA star Stephen Curry to raise funds for the GLIDE Foundation. The event marks a significant return for the high-priced tradition that has historically captivated global business elites, particularly Chinese entrepreneurs, while Buffett continues to emphasize long-term industrial investment over market speculation.
A New Chapter at Berkshire: Greg Abel’s First Letter Signals Continuity—and Caution
Greg Abel’s first shareholder letter as Berkshire Hathaway CEO underscores continuity with Warren Buffett’s approach while acknowledging setbacks in 2025: net income fell year‑on‑year and operating profits were weighed down by insurance weakness and write‑downs. The company retains a massive cash reserve and a concentrated equity portfolio, leaving Abel the strategic choice of how and when to deploy capital.
Greg Abel’s First Letter: Berkshire’s Hand-Off Is Smooth, but Insurance Woes and a $373bn Cash Pile Pose Questions
Greg Abel’s first annual shareholder letter as CEO emphasised continuity as Berkshire Hathaway reported a drop in GAAP net profit to $66.97bn in 2025, while operating earnings fell to $44.49bn but remained above the five‑year average. Insurance underwriting weakness and a $4.5bn impairment offset steady performance from rail and energy units, leaving a $373.3bn cash reserve that poses both an opportunity and a challenge for future capital allocation.
Buffett Hands Over the Helm — but Berkshire’s Cash and Culture Keep the Story Intact
Warren Buffett retired as Berkshire Hathaway’s CEO at the end of 2025, handing leadership to Greg Abel while remaining active as a shareholder and advisor. The annual report shows record cash of $373.3 billion, concentrated equity holdings in a few U.S. and Japanese companies, a drop in annual net profit, and a cautious stance on buybacks and dividends.
Buffett’s Farewell Portfolio: Berkshire Slashes Amazon and Trims Apple and BAC, Opens a Position in The New York Times
Berkshire Hathaway’s last 13F filed while Warren Buffett was CEO shows large reductions in Amazon (over 77% cut), continued trimming of Apple and significant sales of Bank of America, while opening a new roughly $352m stake in The New York Times. The moves—combined with increases in Chevron and Chubb—suggest a selective rotation into energy and insurance and a cautious stance on big tech amid questions about AI‑related spending.
Buffett’s Last Lessons: Trade, Trust and Time — Ten Practical Rules from a 94‑Year‑Old Investor
At Berkshire Hathaway’s annual meeting, Warren Buffett outlined ten practical principles for investors and citizens: beware trade protectionism, guard against inflationary fiscal policy, be modest about technology you do not understand, favour patience plus decisive action, and protect reputation. His remarks stress long-term compounding, vocation, curiosity and the role of trust in sustaining markets as he phases in succession at Berkshire.