Berkshire Hathaway shares post worst year since 2000
Updated
Updated · Bloomberg · Apr 30
Berkshire Hathaway shares post worst year since 2000
9 articles · Updated · Bloomberg · Apr 30
Class B shares have trailed the S&P 500 by more than 37 percentage points in the 12 months since Warren Buffett said he would retire and Greg Abel took over.
The slump leaves Abel confronting a rare challenge before his first Berkshire annual meeting as chief executive of the roughly $1 trillion conglomerate.
Berkshire, long associated with steady outperformance under Buffett, is now facing investor scrutiny over whether its post-succession era can restore market confidence.
With a record cash pile, will Greg Abel finally issue Berkshire's first-ever dividend, breaking from Warren Buffett's long-held philosophy?
As Berkshire badly lags the S&P 500, can Abel prove that value investing can still win in a tech-dominated market?
With Warren Buffett still Chairman, can his successor truly reshape Berkshire or is he destined to operate in his predecessor's shadow?