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Berkshire has best chance of lasting 100 years, says Warren Buffett as Greg Abel takes charge

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Berkshire has best chance of lasting 100 years, says Warren Buffett as Greg Abel takes charge

Business

Economic Times•Jan 3

Berkshire has best chance of lasting 100 years, says Warren Buffett as Greg Abel takes charge

Warren Buffett has officially stepped down as CEO of Berkshire Hathaway. Greg Abel now leads the conglomerate. Buffett expressed strong confidence in Abel and Berkshire's enduring legacy. The company's shares saw a slight dip following the announcement. This marks a significant transition for the investment giant after Buffett's six-decade leadership.