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.”

 

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