Greg Abel’s message to Berkshire shareholders, post-Buffett: be patient
Greg Abel tells Berkshire shareholders to be patient, not anxious to deploy capital into subpar opportunities.
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greg abel, berkshire hathaway's new ceo, told shareholders to be patient. in his first letter since taking over from warren buffett, abel said he's "not anxious to deploy capital into subpar opportunities."
abel is stepping into the role after buffett's decades-long run. the message is consistent with berkshire's old playbook — wait for the right deal, don't force it. the letter didn't announce any major new investments or changes in strategy. abel's tone suggests he'll keep the same long-term, value-focused approach that buffett built. shareholders are being told to expect more of the same, just with a different name at the top.
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