Berkshire CEO Abel: Patience and Capital Discipline Key to Navigating Tech Change, Avoid Suboptimal Opportunities

According to BlockBeats, Berkshire Hathaway CEO Abel said on May 2 at the company's shareholder meeting that patience and capital discipline are among the firm's greatest advantages. He emphasized that opportunities will emerge over time, and the company will not rush to deploy capital into suboptimal opportunities.

Abel noted that Berkshire views its cash and U.S. Treasury holdings as important assets and a major opportunity. He stressed the importance of deeply understanding any business and its risks before investing, maintaining a long-term perspective of 5-10 years, and deploying capital decisively once an opportunity aligns with the firm's principles.