Greg Abel on Berkshire’s stake in Japan’s Tokio Marine

Watch on YouTube ↗  |  May 02, 2026 at 18:24  |  4:33  |  CNBC
Speakers
Greg Abel — CEO, Berkshire Hathaway

Summary

Greg Abel discusses Berkshire's strategic partnership with Tokio Marine, describing it as a long-term relationship-driven investment. He also humorously answers a question about his hockey allegiance in the Canada vs. USA matchup.

  • Greg Abel confirms a 2.5% stake in Tokio Marine as a long-term strategic investment.
  • He emphasizes the partnership is relationship-driven, not just financial.
  • He compares the investment to Berkshire's holdings in five Japanese trading houses.
  • Berkshire is also participating in underwriting risk/reward with Tokio Marine.
  • He answers a personal question about cheering for Canada in hockey due to Connor McDavid.
Trade Ideas
Greg Abel CEO, Berkshire Hathaway 1:23
Long-term strategic partnership in Tokio Marine
Berkshire's investment in Tokio Marine is a strategic long-term partnership, not just a financial transaction. They view it as a forever investment similar to the five Japanese trading houses, based on the company's exceptional quality and remarkable performance, and they are also participating in underwriting risk/reward.
TKOMF HIGH
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This CNBC video, published May 02, 2026, features Greg Abel discussing TKOMF. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Greg Abel  · Tickers: TKOMF