Berkshire Hathaway's Q1 2025: Strategic Shifts and Leadership Transition
5/16/2025
In Q1 2025, Berkshire Hathaway made significant portfolio adjustments, including exiting Citigroup and reducing stakes in major banks, while doubling down on consumer brands like Constellation Brands. Concurrently, Warren Buffett announced his retirement as CEO, naming Greg Abel as his successor, marking a pivotal moment in the company's history.