🗣Berkshire 2026 Shareholders' Summary
🗣Berkshire 2026 Shareholders' Summary Buffett called the current market a highly speculative environment, noting that there are not many attractive investment opportunities. So Berkshire's huge cash reserves aren't just a defense, they're more of a strategy of waiting for a good chance. He showed strong confidence in his successor, Greg Abel, and Abel also expressed his position to continue Berkshire-style principles, saying "We are not investing in AI for AI.". However, we saw that the expansion of the data center could be a big opportunity for the power and utility industry. When it com…
The excerpt is quoted from a public Telegram channel, which owns its text.