In his first annual letter to shareholders, new Berkshire Hathaway (BRK.B) CEO Greg Abel stressed he will maintain the conglomerate’s ‘fortress-like’ balance sheet. He also pledged to uphold the values of his predecessor Warren Buffett. Share price: $505 HQ: Omaha, Nebraska Market cap: $1.09trn Yield: n/a Shares in Berkshire Hathaway have underperformed the S&P500 since … Continue reading Berkshire CEO to maintain fortress balance sheet