CEO Greg Abel is adopting a more hands-on management style than predecessor Warren Buffett. He is demanding higher operational efficiency and capital returns from subsidiaries like BNSF Railway. Abel maintains the company's core values and decentralized structure while increasing oversight during his first months.
Abel prioritizes a strong balance sheet and strict capital discipline. He ruled out dividends to maintain a cash position exceeding $370 billion. His first shareholder letter identifies nine core holdings that anchor the portfolio. These investments represent 60% of the company's public stock holdings. Berkshire Hathaway recently issued $1.7 billion in yen-denominated bonds to support capital allocation.