Watch CNBC's full interview with Berkshire CEO Greg Abel

Summary

Greg Abel, CEO of Berkshire Hathaway, discusses the company's risk management, the impact of the Middle East conflict on input costs, inflation, and the stock portfolio. He expresses long-term commitment to the role and highlights the depth of management. No specific investment recommendations are made.

• Greg Abel emphasizes continuity and commitment to Berkshire's culture.
• He discusses the impact of rising energy costs on chemical businesses.
• Inflation is manageable at current levels but alarming at extremes.
• Berkshire's stock portfolio consists of long-held positions like Apple, Coca-Cola, and Moody's.
• Abel expresses confidence in incoming CEOs of major portfolio companies.
• He reflects on lessons learned from the Pilot acquisition.
• Abel plans to introduce more managers at the annual meeting.
• He states his runway as CEO is 20 years or more.