Subject: Re: Berkshire future returns
"What do you mean by "Greg's exiting of KHC?"
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Sorry, I should've said "intention to exit KHC", it was announced back in January.

https://www.cnbc.com/2026/01/2.......



We shall see. 'Intent to exit' is a plausible hypothesis about why Berkshire might have registered its stake, but I don't think Abel actually said anything about selling; but please correct me if I'm wrong.

From the article you linked to:

The registration statement gives Berkshire the flexibility to reduce the position, rather than signaling an imminent sale, according to Stifel.

“The registration provides Berkshire Hathaway the ability to reduce its ownership stake; we believe transaction notifications are not required outside of quarterly 13F filings,” Stifel analysts wrote. “The next update is likely to be in mid-May, when Berkshire reports its first fiscal quarter activity.”

dtb