Berkshire Hathaway (BRK.B) CEO Greg Abel doesn't sound as if he intends to mess with the success that Warren Buffett and the late Charlie Munger built over more than six decades.
That said, the holding company's new chief likely won't have the same kind of leeway with the market that his predecessor did. Under Buffett, Berkshire's returns nearly doubled those of the S&P 500 since 1965, with a compound annual growth rate of 19.7% vs 10.5% for the benchmark index. When you generate that sort of outperformance, folks tend to give you the benefit of the doubt.
