CassiusKing1

I can't really fault WEB. His primary focus was continuity and making sure that with what time's left he is grooming and educating Greg as much as he can. I think the investment in Japanese trading companies where he took Greg along is a prime example. WEB, as he should have been, was focused on the transition. If that goes wrong, none of the investments really matter.

Still plenty of cash on the books and more coming to Omaha on a daily basis. I'm happy to see the activity. Just hope there have been equally substantial buybacks happening at the same time.

Then no. Berkshire is not for you.

Can't say I love seeing the Delta buy. We'll chalk this one up to a short term trade, don't expect to see it on the books too long.

https://www.cnbc.com/2026/05/06/berkshire-hathaway-mclane-autonomous-freight-trucking-aurora.html Very interesting development. Didn't have this on my BRK bingo card. Autonomous freight introduction. Does this lead to an electric fleet? An electric fleet that is charged at Pilot/Flying J?

If Greg and Warren agreed to stock buybacks at an average of $486/B share, then hopefully they like the current price of $465!

Disappointing to see so many comments focused about Ajit's suit. The man's an insurance genius, show some respect. I can grab a meth head off the street and put them in a tailored five piece suit, you want them running the insurance business instead?! Overall, I thought the meeting was great. Detailed discussion about the businesses. The company is in good hands with Greg and team.

Surprised to see reservations available at Gorat's for Thursday and Friday nights. Is there something I need to know before I book a table?

He looked better during this interview than the last time we saw him. Still praising Greg. Although the Epstein talk was squeamish. And agreed @gfp, loved him laughing off this "decline" as a buying opportunity or presenting great value, lol.

BRK is trading back at the $485 level. Will be very curious to see what the volume of buybacks has been since it was announced.

Tough crowd. Between Greg's first letter to shareholders on Saturday to these announcements today, I consider them home runs and should alleviate everyone's nervousness about the "change" at Berk. He's doing things that have been asked, aligning himself with shareholders in all in on stock, utilizing the mountain of cash and doing buybacks and writing several pages letting everyone know the culture, philosophy and management will be the same going forward. Not much more to ask for in a week.

We have our Guy! Berk is going to be just fine going forward.

Hotel is already booked. Wife and I will be there.

Curious as well to see if there was any buyback nibbling done in the $470's.

Greg tidying up the house a bit. Love it.

Agreed. Charlie's approach was much more entertaining though! LOL.

Warren has a $100,000 salary and is giving away the bulk of his assets. It's not about him, he became a steward of assets. Berkshire became "for the people". Sure he was driven by money early on, but that changed. It wasn't about riches, it was about how could he make the biggest impact on society and that came through leveraging his gift at investing. We are all better for it! Not only financially but through the education and examples he provided. My family and I owe this man an immense amount of thanks. I will continue to use his and Charlie's mental models and stay the course!

So, it's been discussed that large deals won't come easily if they do at all. Hard to find an investment worthy of moving the needle. So at most, maybe some bolt-on's for already owned subs. There's still a pile of cash and more coming in daily. I don't see Greg getting away from a regular stock repurchase if paying a dividend is completely off the table. There's already more than enough cash on the books, adding to it only causes more headaches. Maybe half the cash coming into Omaha goes to buybacks and the rest to bolt-on acquisitions. All this does is spend some cash that is coming in regularly. Not even talking about the cash hoard that already exists.

Agreed. I'm trying to evaluate all ways of investing a monster amount of money that eliminates the possibility of implementing a dividend. Also thinking along the lines of a St. Joe, buy a ton of property and lease it out. I'd think everything is on the table going forward.

If the decision is not to pay a dividend, then Greg should hire someone to manage the Fixed Income investments. Berkshire has a ton of cash coming in. Berkshire taking down a Coke or John Deere takes care of the cash situation, but doesn't add much to returns. I'd let Ted continue to manage the equity portfolio. Maybe have someone or a team that manages some "Incubator Money". Give them some money to invest in hopes of finding the next Nvidia. If found early enough, can take them private. Otherwise, buy back stock and pay a dividend.

Berkshire investing in the SP500 gives even more reason to own the index and not the stock.

This. I'm very eager and excited to see Greg's version of Berkshire!

As purchases that move the needle get harder and harder to come by, I do see a future where Berkshire is nothing more than a cash gusher that cannibalizes itself by buying back shares and pays a hefty dividend.

Berkshire is hitting the gym and getting in shape!