Reported about 17 hours ago
Berkshire Hathaway, led by Warren Buffett, has consistently outperformed the market due to Buffett's investment strategy of acquiring well-managed companies. However, significant changes are on the horizon as Buffett plans to retire as CEO in 2025, transitioning leadership to Greg Abel. While Abel has been part of Berkshire for over two decades and may maintain Buffett's principles, his distinct approach as CEO will mark a transformative period for the company. Investors are encouraged to watch these developments closely, as Berkshire's operational strategies may evolve but won't dramatically shift overnight.
Source: YAHOO