Reported about 15 hours ago
In his 2024 annual letter to shareholders, Warren Buffett highlighted Berkshire Hathaway's record operating earnings of $47.4 billion despite 53% of its businesses experiencing a decline in earnings. Buffett reflected on past mistakes, defended the company's large cash reserve, and pointed out the significant taxes paid by Berkshire as a contribution to the U.S. economy. He anticipated a smooth transition of leadership to Greg Abel and noted changes to the format of the upcoming annual meeting.
Source: YAHOO