Everyone knows Warren Buffett’s successor won’t be able to match the legendary investor.
FILE - Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman on Fox Business Network's"Countdown to the Closing Bell," May 7, 2018, in Omaha, Neb. Everyone knows Buffett's successor won't be able to match the legendary investor, but Berkshire Hathaway's board remains confident that Greg Abel is the right guy to one day lead the conglomerate into the future.
“I could tell you that his preparation and thinking was impressive. He is strategic in his thinking. And he is decisive in his judgement,” Olson said. Olson said Abel is a numbers guy who can dissect a business' balance sheet as quickly and well as Buffett, and he's also a great listener that people like to work with.
Professor Lawrence Cunningham, who has written several books about Berkshire, said he thinks even with the profound loss of Munger the company he helped build will endure. Olson said Berkshire's board knows there just isn't another Warren Buffett or Charlie Munger out there to replace those two men.
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