Greg Abel and Ajit Jain speak during the Berkshire Hathaway annual shareholder meeting on May 2, 2026 in Omaha, NE.<\/p>\n
\n
inclined towards technology<\/h3>\n
Artificial intelligence emerged as a central theme at the meeting. Abel said Berkshire is already exploring AI-powered tools to improve operations at BNSF Railway, and spoke fluently about technologies like large language models, emphasizing their potential to enhance the company’s existing businesses.<\/p>\n
He pointed to increased data center development as a major tailwind for Berkshire’s utility operations, adding that rising electricity demand has created a significant growth opportunity for its energy grid assets.<\/p>\n
“He was clearly very comfortable with technology and AI, unlike Warren, who generally avoided technology-oriented investments outside of Apple and, more recently, Google,” said Adam Petty, chief executive of VistaShares and manager of an ETF that tracks Berkshire’s largest holdings. \u201cPerhaps this provides insight into how a portfolio might evolve over time.\u201d<\/p>\n
buyback disappointment <\/h3>\n
The pace of Berkshire’s share repurchases was a disappointment to some shareholders.<\/p>\n
According to the earnings report, the firm repurchased $235 million of stock in the first quarter. The company had already disclosed that it bought $226 million of stock on March 4, so that means it only slightly increased its purchases as the quarter ended.<\/p>\n
“The only missing piece was any real guidance on additional buybacks,” Petty said. \u201cI was hoping they would be more aggressive about this.\u201d<\/p>\n
\u201cI am disappointed by the lack of significant buybacks,\u201d Czech said. \u201cI think they’re waiting for a lower price, but they’ve bought too much at this valuation before.\u201d <\/p>\n
The crowd may still be adjusting to the Berkshire meeting without Buffett taking center stage. But after this first outing, investors seem more willing to give Abel the space and time to define the next chapter on its own terms.<\/p>\n
“They actually included more businesses than ever before because before it was always Warren answering Warren’s questions,” said longtime shareholder Susan Chan, who decided to skip the meeting this year with her friend Wanda Lee. He watched it from Chan’s home in New Jersey, and found that the new format instilled confidence in Berkshire’s future direction. “And now, it’s really like ‘Our shareholders are our family. And we’re going to show you exactly what we’ve invested in and what we’re doing.'”<\/p>\n
\u201cWe made a conscious decision not to go this year,\u201d Chan said. “But we just said to each other, ‘Let’s go next year.'”<\/p>\n<\/div>\n
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Berkshire Hathaway CEO Greg Abel speaks during the Berkshire Hathaway annual shareholder meeting on May 2, 2026 in Omaha, NE. cnbc Omaha, Nebraska – in his first race Berkshire HathawayAt the annual meeting, Greg Abel delivered everything many shareholders came to see: a steady hand, a strong grip on the giant conglomerate and his own<\/p>\n","protected":false},"author":1,"featured_media":116779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[23947,4467,19732,2216,17442,16944,1562,11599,4825],"class_list":{"0":"post-116776","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-news","8":"tag-abel","9":"tag-annual","10":"tag-berkshire","11":"tag-ceo","12":"tag-earns","13":"tag-greg","14":"tag-meeting","15":"tag-scorecard","16":"tag-solid"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/116776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=116776"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/116776\/revisions"}],"predecessor-version":[{"id":116780,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/116776\/revisions\/116780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/116779"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=116776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=116776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=116776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}