enabling Buffett to run a company with nearly 400,000 employees while only having a couple dozen staff at its Omaha headquarters. "We delegate almost to the point of abdication," Buffett wrote in his ...
Hedge fund manager Bill Ackman called Warren Buffett’s investment strategy too conservative and claimed Berkshire Hathaway’s businesses would likely run better under the next chief executive.
Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren Buffett posted its highest-ever quarterly profit, driven by improvement in insurance operations.
In 2024, Berkshire posted operating earnings of $47 billion, with its insurance businesses playing a big role. Under CEO Todd Combs, GEICO has modernized its underwriting practices and earned ...
Berkshire's access to "permanent capital ... 400,000 employees while only having a couple dozen staff at its Omaha headquarters. "We delegate almost to the point of abdication," Buffett wrote ...