Tag: capital allocation

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Warren Buffett Passes $1.2 Trillion Empire to Greg Abel Along With This Huge Amount of Cash

As Berkshire Hathaway prepares for life after Buffett, successor Greg Abel inherits a $1.2 trillion empire—and the burden of expectations from investors and boardrooms...

“Mistakes? Yes, We Make Them at Berkshire”—Warren Buffett on the Importance of Owning Up to Errors

In his annual letter to shareholders, Berkshire Hathaway CEO Warren Buffett candidly acknowledges his mistakes in capital allocation and hiring decisions, emphasizing that delaying corrections—not making mistakes—is the real failure.