Key Points ・Berkshire Hathaway reported a strong year but faced earnings declines in more than half of its subsidiaries. ・Buffett acknowledged past investment missteps but maintained confidence in long-term strategies.
The opportunity-starved organization is likely to start making major investments again -- just in a different way.
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.
Warren Buffett's Berkshire Hathaway saw its stockpile of cash continue to swell, amid questions about what he plans to do with all that money. But in his annual letter to the conglomerate's shareholders,
Warren Buffett is celebrating the successes of Berkshire Hathaway's companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate.
Berkshire Hathaway Inc. has released its much-anticipated 2024 Annual Report, including Chairman Warren Buffett’s letter to shareholders, on Saturday, February 22, 2025.