GREG ABEL WILL SOON TAKE OVER BERKSHIRE WHEN WARREN BUFFETT RETIRES FROM THE CEO POSITION
🔸 Greg Abel will become the CEO of Berkshire Hathaway in less than two weeks when Warren Buffett officially steps down from his executive role.
🔸 The biggest advice from Wall Street for Abel is not to try to become the second Warren Buffett, but to focus on running the business well.
🔸 Analysts believe that Abel should improve profits from business operations, cut unnecessary costs, reduce the number of outstanding shares, and be ready to seize major opportunities.
🔸 Unlike Buffett's relatively "hands-off" management style, Abel is expected to enhance oversight of operations and streamline the management structure.
🔸 Some experts believe that Berkshire remains an attractive long-term investment and may shift more towards growth stocks under Abel.
🔸 Under Warren Buffett, Berkshire has avoided heavily investing in technology companies for many years. Recently, Berkshire purchased shares of Alphabet (Google), which many analysts see as a signal of a change. Analysts expect Abel to be more open to growth stocks compared to Buffett.
🔸 This shows that Abel can focus on large, mature technology companies with strong cash flow that benefit from AI while still dominating the market.
🔸 Regarding Bitcoin, Warren Buffett has long publicly expressed a negative view, stating that Bitcoin does not create value, and categorizing Bitcoin alongside gold, which is not an investment sector they are interested in.
🔸 However, Abel is evaluated as practical and less ideological. If a business generates real revenue, whether in technology or Bitcoin-related services such as custody or infrastructure, Abel may not distinguish between industries and will only focus on creating value for shareholders.#Gate2025AnnualReportComing #JapanToRaiseInterestRatesInMid-to-lateDecember $BTC $ETH
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MrSunday
· 01-17 10:08
I hope this will have a positive impact on crypto. 😀
GREG ABEL WILL SOON TAKE OVER BERKSHIRE WHEN WARREN BUFFETT RETIRES FROM THE CEO POSITION
🔸 Greg Abel will become the CEO of Berkshire Hathaway in less than two weeks when Warren Buffett officially steps down from his executive role.
🔸 The biggest advice from Wall Street for Abel is not to try to become the second Warren Buffett, but to focus on running the business well.
🔸 Analysts believe that Abel should improve profits from business operations, cut unnecessary costs, reduce the number of outstanding shares, and be ready to seize major opportunities.
🔸 Unlike Buffett's relatively "hands-off" management style, Abel is expected to enhance oversight of operations and streamline the management structure.
🔸 Some experts believe that Berkshire remains an attractive long-term investment and may shift more towards growth stocks under Abel.
🔸 Under Warren Buffett, Berkshire has avoided heavily investing in technology companies for many years. Recently, Berkshire purchased shares of Alphabet (Google), which many analysts see as a signal of a change. Analysts expect Abel to be more open to growth stocks compared to Buffett.
🔸 This shows that Abel can focus on large, mature technology companies with strong cash flow that benefit from AI while still dominating the market.
🔸 Regarding Bitcoin, Warren Buffett has long publicly expressed a negative view, stating that Bitcoin does not create value, and categorizing Bitcoin alongside gold, which is not an investment sector they are interested in.
🔸 However, Abel is evaluated as practical and less ideological. If a business generates real revenue, whether in technology or Bitcoin-related services such as custody or infrastructure, Abel may not distinguish between industries and will only focus on creating value for shareholders.#Gate2025AnnualReportComing #JapanToRaiseInterestRatesInMid-to-lateDecember $BTC $ETH