OMAHA, Neb. (AP) — Everyone knows Warren Buffett ‘s successor won’t be able to match the legendary investor, but Berkshire Hathaway ‘s board remains confident Greg Abel is the right guy to one day lead the conglomerate into the future.
Longtime Berkshire board member Ron Olson told investors gathered Thursday at a conference two days ahead of the company’s annual shareholders meeting that Abel understands all the fundamental principles that guided Buffett, like letting Berkshire’s companies largely run themselves. And Abel will be committed to running Berkshire in a conservative way that will protect the company that’s known for it financial strength, he said.
“Greg is not somebody who is going to be as likely to create the kind of following in the press that I think Warren has had,” Olson said. “On the other hand. I have every reason to believe that he will run the companies that we have the responsibility for in the same way that Warren ran them.”
Shocking new video of German stabbing attack shows why cop tackled have
Harbaugh likes Chargers being in the fifth overall position going into the NFL draft
Harbaugh likes Chargers being in the fifth overall position going into the NFL draft
With Anthony Richardson on board, Colts will look beyond quarterback in NFL draft
Kate Beckinsale sheds light on her recent health woes as she wears 'tummy troubles survivor' T
Man granted parole for his role in the 2001 stabbing deaths of 2 Dartmouth College professors
Browns' draft still affected by Deshaun Watson trade. Team without first
One Extraordinary Photo: How a photographer elevated a photo of star Greta Gerwig in a flash
The iconic American rivers becoming so filthy with pollution they are 'endangered'