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  • 1 week ago
Warren Buffett kept Berkshire on the sidelines in 2025, building a record cash pile while trimming Apple and naming Greg Abel as his successor, according to The Wall Street Journal.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Warren Buffett spent much of 2025 holding back as markets reached record highs and
00:08acquisition opportunities narrowed, according to the Wall Street Journal.
00:12Berkshire Hathaway sold more stocks than it bought and built a record $358 billion cash pile.
00:19Buffett reduced Berkshire's Apple stake during the tech rally and completed a $10 billion cash
00:24purchase of Occidental Petroleum's chemicals unit. His most notable move came in May,
00:30when he announced he would step down as CEO at year's end and hand leadership to Greg Abel.
00:35As Buffett withdrew from the spotlight, Berkshire shares fell more than 6%,
00:40and senior executives announced departures. Buffett said the company is prepared to
00:44deploy $100 billion when prices make sense and expects future opportunities.
00:49For all things money, visit Benzinga.com.
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