Warren Buffett Steps Down as Greg Abel Takes Helm at Berkshire Hathaway
Warren Buffett's six-decade reign at Berkshire Hathaway concludes as Greg Abel assumes leadership. The transition marks the end of an era defined by Buffett's unparalleled investment acumen and steadfast avoidance of fleeting trends—including cryptocurrencies.
Buffett's legacy rests on mastering pre-digital finance, with iconic moves like the Burlington Northern acquisition and long-term Apple holdings. His discipline made him a Wall Street legend, a status unlikely to be replicated in today's algorithm-driven markets.
New CEO Greg Abel inherits a company at record valuations, with Berkshire's culture of integrity intact. "You do what you say you'll do," Howard Buffett summarized last year, emphasizing transparency and accountability.