Who’s Warren Buffett’s successor? JPMorgan thinks it’s Greg Abel - News Summed Up

Who’s Warren Buffett’s successor? JPMorgan thinks it’s Greg Abel


A file photo of Berkshire Hathaway CEO Warren Buffett. Photo: ReutersSeattle: Who will succeed Warren Buffett as chief executive officer of Berkshire Hathaway Inc.? “The most likely successor in our view, who Warren Buffett regularly praises, is Greg Abel,” JPMorgan’s Sarah DeWitt said in a note released Thursday, initiating coverage of the company. He’s often mentioned by analysts and investors as a leading contender to replace Buffett, along with reinsurance executive Ajit Jain. Both managers were praised by Berkshire vice chairman Charles Munger in 2015 as “world leading” executives who are in some ways better than Buffett.


Source: Mint September 15, 2017 03:56 UTC



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