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.
Sentiment: POSITIVE
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