Buffett Confirms Greg Abel is Likely Successor at Berkshire
I am quoted in Bloomberg:
“Abel, of course, does not have the charisma, personality and reputation that Buffett built over decades, so he’s not going to have that magnetism that Buffett has,” David Kass, a professor of finance at the University of Maryland’s Robert H. Smith School of Business, said in a phone interview. “But he exudes extreme competence and success. He has a very successful track record at Berkshire and I don’t think shareholders can ask for anything more than that.”
An updated version of this article had the title:
Abel’s ‘Extreme Competence’ Seen as Ticket to Following Buffett
My updated quote in this article is:
“There’s only one Warren Buffett,” David Kass, a professor of finance at the University of Maryland’s Robert H. Smith School of Business, said in a phone interview. “But he brings other strengths to the table,” Kass said of Abel. “He exudes extreme competence.”