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Buffett's Final Quarter: Berkshire Operating Profits Drop 29% as Insurance Weakens

Berkshire Hathaway’s operating profit fell 29% in Q4 2025—Warren Buffett’s final quarter as CEO—driven by weak insurance results. Greg Abel will take over. No share repurchases were made.

Buffett's Final Quarter: Berkshire Operating Profits Drop 29% as Insurance Weakens
"Greg Abel and Warren Buffett". Credit: Matthew Putney/AP Photo
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