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Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he's gone - TL;DR CNBC

Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he's gone

Publishing timestamp: 2024-05-04 15:06:09


Summary

Warren Buffett announced that his designated successor Greg Abel will have final say on Berkshire Hathaway's investing decisions when Buffett is no longer in charge. Abel, who has been overseeing a major portion of Berkshire's empire, will also control the public stock portfolio, including stock picks previously managed by other executives. Buffett believes Abel's understanding of businesses makes him the right person for the job.


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Keywords: coca-cola coberkshire hathaway incwall streetbreaking news: businessapple incbreaking news: investingbusiness newsstock marketsmarketsinvestment strategybreaking news: markets

Source: https://www.cnbc.com/2024/05/04/warren-buffett-says-greg-abel-will-make-berkshire-hathaway-investing-decisions-when-hes-gone.html


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