Greg Abel: Our capital allocation approach is 'aligned with our owners and shareholders'

• Berkshire's capital allocation remains focused on a long-term, disciplined approach, aligned with shareholder interests.
• Despite higher interest rates and increased competition for quality assets, they anticipate significant opportunities during future market dislocations.
• The core philosophy involves patience, rejecting most deals, and only acting on truly exceptional opportunities that offer compelling value.

Berkshire Hathaway executives Greg Abel and Ajit Jain discussed their long-term capital allocation approach, emphasizing patience and discipline in a high-interest, competitive market. They highlighted that while opportunities will arise during market dislocations, their strategy involves saying 'no' to most deals and waiting for exceptional value at the right price.