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Warren Buffett says Greg Abel will likely succeed him as Berkshire Hathaway CEO

Warren Buffett says Greg Abel will likely succeed him as Berkshire Hathaway CEO
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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Meet the man who will succeed Warren Buffett at Berkshire Hathaway

Meet the man who will succeed Warren Buffett at Berkshire Hathaway
Updated on: May 3, 2021 / 6:33 PM
/ CBS/AP
Berkshire Hathaway loses $50B in first quarter
Warren Buffett said that Greg Abel, a top lieutenant of his for many years and an energy executive, will succeed him as the next CEO of Berkshire Hathaway, the insurance conglomerate that Buffett has run for more than half a century.
Buffett confirmed the succession plan Monday to CNBC after Berkshire Vice Chairman Charlie Munger let it slip during the company s annual meeting on Saturday. Buffett did not immediately respond to a request for comment from CBS MoneyWatch. ....

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Warren Buffett Warns Investors Not To Gamble On Stocks

Federal Reserve and the stimulus packages passed by
Congress have done a tremendous job of propping up the economy because interest rates remain low. He said the government clearly learned lessons from the Great Recession in 2008 and acted quickly, but it s hard to predict what the long-term consequences of those policies will be.
“This economy right now 85% of it is running in a super high gear and you’re seeing some inflation and all that. It has responded in an incredible way. We learned something out of 2008 and 2009 and then we applied it. But I don’t think it was a sure thing that it would happen,” Buffett said. ....

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Warren Buffett's Firm Reports $12B Profit Before Its Meeting

Associated Press
OMAHA, Neb. (AP) Billionaire Warren Buffett warned people not to think investing is an easy way to make a fortune as he answered questions at Berkshire Hathaway s annual meeting Saturday.
Buffett said it can be tough to pick the long-term winners. He pointed out that in 1903 there were more than 2,000 car companies, and nearly all of them failed even though cars have transformed the country since then.
“There’s a lot more to picking stocks than figuring out what will be an incredible industry in the future,” Buffett said. “I just want to tell you that it’s not as easy as it sounds.” ....

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Warren Buffett warns investors not to gamble on stocks

Warren Buffett warns investors not to gamble on stocks
fremonttribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fremonttribune.com Daily Mail and Mail on Sunday newspapers.

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