Beginning in 2026, Greg Abel will become Berkshire Hathaway’s (BRK.A) (BRK.B) CEO, taking over the baton from long-time CEO Warren Buffett. It is not just another leadership transition at an enterprise but the end of an era as the “Oracle of Omaha” hangs up his boots. Buffett would go down in history as among the best—if not the best—investors of all time. Known for his value investing credentials and witty quotes, the nonagenarian’s investment principles are followed by many investors, including this writer.
Notably, apart from Abel taking over as Berkshire’s CEO, several other significant changes are underway at the $1.1 trillion conglomerate. Tedd Combs, for instance, has resigned from the company to join J.P. Morgan Chase (JPM), where he will head the $10 billion “Strategic Investment Group.”
