With Warren Buffett recently announcing that he’ll be stepping down from the helm of Berkshire Hathaway (BRK.B) at the end of the year, investors are already asking some pretty difficult questions. For one, will the picks made by the Berkshire team under incoming CEO Greg Abel require Buffett signoff? And if they don’t, what will portfolio tweaks look like down the road?
For now, all investors can do is guess. That’s because so long as Buffett is at the helm during periods of uncertainty like the one we are in now, Berkshire will continue to take a slow-and-steady aproach to stockpicking. The conglomerate has been a net seller of stock for 10 consecutive quarters.
