Core Insights - Warren Buffett's company, Berkshire Hathaway, announced that Buffett has rarely spoken publicly since the May shareholder meeting, raising investor interest as he may deliver his final address as CEO [1][3] - Buffett plans to recommend Greg Abel, the vice chairman of non-insurance operations, as his successor by the end of the year, indicating a significant leadership transition [3] - Investors express confidence in Abel's management capabilities, although his performance in cash investments remains to be seen [3] Financial Performance - Berkshire Hathaway reported third-quarter revenue of $94.972 billion, a year-over-year increase of 2.13% [4] - The net profit attributable to shareholders for the third quarter was $30.796 billion, reflecting a 17% increase compared to the previous year [4] - Operating profit for the third quarter reached $13.49 billion, a substantial 34% increase from $10.09 billion in the same period last year [4] - The company's cash reserves hit a record high of $381.67 billion as of the end of the third quarter, with no stock buybacks for nine consecutive months [4] Stock Holdings - A recent regulatory filing revealed that the cost basis of Berkshire's consumer goods stock holdings decreased by approximately $1.2 billion from the previous quarter, primarily due to reductions in Apple stock [5] - Buffett has been reducing his Apple holdings significantly, with a two-thirds reduction over the past year, which some speculate may indicate concerns over Apple's high valuation [5]
95岁的巴菲特将发声，或是最后一次以伯克希尔CEO身份发表致股东信
Sou Hu Cai Jing·2025-11-09 04:48