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Buffett Set to Hand CEO Role to Greg Abel as Berkshire Enters a New Phase

Investors are focused on potential changes in capital deployment under Greg Abel.

Overview

  • Greg Abel will take over as Berkshire Hathaway CEO on January 1, 2026, while Warren Buffett remains chairman with significant voting power.
  • Berkshire is sitting on a record cash pile of roughly $380 billion after multiple quarters of net selling in public equities.
  • Recent selective purchases include new positions in Alphabet and Amazon, suggesting greater comfort with steadier technology holdings.
  • Analysts say Abel may prioritize buying privately held businesses if public-market valuations stay elevated, framing this as a possible strategic tilt rather than a confirmed shift.
  • Publicly traded stocks account for about one-third of Berkshire’s value, with another third coming from operating subsidiaries such as BNSF and Geico.