Greg Abel

Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) is reportedly no longer enjoying the “Buffett premium” that once made its stock a hot commodity, according to analysts. What Happened: Investors have historically been willing to pay a premium for Berkshire Hathaway...

Greg Abel, set to succeed Warren Buffett as CEO of Berkshire Hathaway, started his career pushing for geothermal energy in California. But as he prepares to take over from one of the world's most influential investors, Abel now oversees a huge fossil fuel empire and defends coal power, even as the...

Legendary investor Warren Buffett attributes much of his wealth accumulation to the fact that he is American. He reiterated his strong belief in the U.S. economy, brushing aside worries over potential transformative shifts. What Happened: During the annual Berkshire Hathaway shareholders...

Warren Buffett says Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) waited too long to hand the wheel to Greg Abel, calling his longtime lieutenant "a natural" and admitting it would have been "unfair" to deny him the top job any longer. What Happened: Buffett, 94, told The Wall Street Journal that he...

Warren Buffett officially named Greg Abel as his successor to become CEO of Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) at the annual shareholder meeting last Saturday. Buffett said he will remain chairman of the board, ensuring continuity and mentorship during the leadership transition. ...

Warren Buffett‘s retirement announcement at Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) annual meeting demonstrates his extraordinary shareholder commitment, according to Monsoon Pabrai, daughter of noted value investor Mohnish Pabrai.What Happened: Monsoon Pabrai stated that Buffett shared...

Pershing Square's Bill Ackman wants to turn Howard Hughes Holdings Inc (NYSE:HHH) into a “modern-day Berkshire Hathaway.” “[When] I came into this business, the first book I read was Ben Graham’s ‘[The] Intelligent Investor.’ The next thing I read was basically...

Legendary Investor Warren Buffett used a cathedral and casino metaphor to illustrate the dual aspects of U.S. capitalism. He underscored the dangers of prioritizing quick profits from speculative trading over long-term value creation. What Happened: Warren Buffett, the chairman of Berkshire...

In what was likely the final Berkshire Hathaway Inc. (NYSE:BRK, NYSE:BRK) annual shareholders meeting with Warren Buffett at the helm, the legendary investor made a rare public acknowledgment, praising an executive in attendance who has played a significant role in shaping Berkshire's financial...

What began quietly years ago has grown into a defining long-term play for Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), as the company signals no intention of slowing down or reassessing its $20 billion bet on Japanese trading companies, amid a changing macro climate. What Happened: On Saturday,...

Berkshire Hathaway chief Warren Buffett, has put to rest rumors that he is accumulating a substantial cash reserve for his successor, Greg Abel. Berkshire Hathaway Inc. (NYSE:BRK.A) chief Warren Buffett, has put to rest rumors that he is accumulating a substantial cash reserve for his successor,...

Greg Abel, Warren Buffett's successor at Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), is no longer waiting in the wings—he's already stepping into the role of chief executive in practice. What Happened: On Friday, in an interview with CNBC, Sue Decker, lead director of Berkshire Hathaway's board, said...

After stellar fourth-quarter earnings, Warren Buffett, in his letter to shareholders revealed that Berkshire Hathaway Inc.’s (NYSE:BRK) (NYSE:BRK) performance exceeded his expectations. However, another important takeaway from his letter was Berkshire’s increasing investments in Japan....

In his annual letter to Berkshire Hathaway (NYSE:BRK) shareholders, investment mogul Warren Buffett has once again imparted his insights on investing. What Happened: Warren Buffett’s letter, released on Saturday, provides insights into investing and lessons from his six-...

In his latest annual letter to shareholders, Warren Buffett celebrated 60 years of steering the ship at Berkshire Hathaway (NYSE:BRK). He also expressed confidence in the company’s future under the leadership of chosen successor Greg Abel. What Happened: Buffett’s letter, which was...