On December 31, 2025, Warren Buffett relinquished his role as chief executive officer of Berkshire Hathaway Inc. Class A after 55 years at the helm, handing day-to-day management to longtime deputy Greg Abel. Buffett, who will retain his position as chairman of the board and continue to visit the Omaha offices regularly, reiterated that his investment philosophy—focused on high-quality businesses with durable competitive advantages and disciplined capital allocation—will remain unchanged. The board’s unanimous support for Abel underscores continuity in strategy, even as Abdul prepares to navigate the conglomerate’s diverse operations ranging from insurance and utilities to manufacturing and retail.

Through the first nine months of 2025, Berkshire Hathaway’s investment arm sold more than $24 billion of publicly traded equities, extending a net selling streak that began in Q1 2023. This follows an even larger divestiture of $143 billion in 2024. As a result, the company’s cash and equivalents balance swelled to a record $354 billion at September 30, 2025—the largest liquidity reserve in its history. Despite the net selling trend, management deployed roughly $4.3 billion into a new position in a major technology company during Q3, signaling selective deployment in businesses deemed attractively priced and strategically important for future growth.