
Greg Abel led his first Berkshire Hathaway annual shareholders meeting as CEO, receiving praise for his deep business knowledge and steady performance, though some investors missed Warren Buffett's charisma and sought clearer plans on stock buybacks and equity portfolio management. Despite a modest $234 million in share repurchases in Q1 2026, Berkshire's financials were positively received, with shares gaining slightly. Abel emphasized continuity with Buffett's legacy and ruled out breaking up Berkshire. Meanwhile, Warren Buffett highlighted the challenge of finding attractive investments amid high prices and stressed patience in capital deployment. The company also announced leadership changes in insurance and CFO roles, and adjustments in stakes of key holdings like DaVita and Japanese trading houses.