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Posted by
Two Blokes May 4 -
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Stock
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Warren Buffett announced Greg Abel as Berkshire Hathaway's next CEO, effective year-end, completing a smooth leadership transition. Greg Abel's active management style and capital allocation philosophy promise continuous improvement of operating businesses with potential for more dynamic growth and international investments. Insurance remains core to Berkshire, with Geico showing strong performance. Overall Q1 results reflect resilience, amidst market volatility.