Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he's gone

Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Buffett answers a shareholder question about who will manage capital allocation after his departure. Watch the full coverage of Berkshire Hathaway annual shareholders meeting on www.cnbc.com/.
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Пікірлер: 111

  • @billrentz9133
    @billrentz913321 күн бұрын

    Mr Abel should be very proud to earn the trust of a man like Mr Buffet. Salute Mr Abel.

  • @platoscavealum902

    @platoscavealum902

    20 күн бұрын

    🫡

  • @mysticjedi6730

    @mysticjedi6730

    8 сағат бұрын

    Maybe he will start investing in cash flow assets instead of ponzi assets.. then they can take that money and pay a dividend to shareholders...

  • @UNCLETQB
    @UNCLETQB22 күн бұрын

    Charlie is greatly missed.😢

  • @MorrisBenton48

    @MorrisBenton48

    21 күн бұрын

    😢So true.

  • @smallbeans101

    @smallbeans101

    21 күн бұрын

    😭😭😭

  • @ChupraCumbra

    @ChupraCumbra

    20 күн бұрын

    Really isn't.

  • @Dave-ji1yp

    @Dave-ji1yp

    18 күн бұрын

    THERE WILL NEVER BE ANOTHER WARREN OR A CHARLIE...👍👍

  • @clenndesigns7338
    @clenndesigns733822 күн бұрын

    This is sad that buffet is the only person now:(

  • @dianarabbanii2
    @dianarabbanii28 күн бұрын

    many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance

  • @TariqSinghKhan

    @TariqSinghKhan

    8 күн бұрын

    I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

  • @NatalieFormor

    @NatalieFormor

    8 күн бұрын

    A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

  • @MathiasLaurel

    @MathiasLaurel

    8 күн бұрын

    Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I'm in dire need for one.

  • @NatalieFormor

    @NatalieFormor

    8 күн бұрын

    Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

  • @scottjuarez9549

    @scottjuarez9549

    8 күн бұрын

    She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing

  • @user-qp6wm4bg1i
    @user-qp6wm4bg1i21 күн бұрын

    Buffett has tons of charisma (as did Munger) and Abel literally has zero. I'm sure he's a fine executive, but it won't be the same.

  • @ArtHoward

    @ArtHoward

    21 күн бұрын

    Buffett and Berkshire's success has been the result of a cult of personality, even moreso than about investing smarts. This new guy is doubtless a smart and kind man, but people ain't gonna fill an arena to hear him speak.

  • @ricasperger

    @ricasperger

    21 күн бұрын

    Give him a chance at least

  • @user-qp6wm4bg1i

    @user-qp6wm4bg1i

    21 күн бұрын

    @@ricasperger I'm sure he'll do fine, and shareholders will continue reaping rewards. But the days of BH being an American cultural phenomenon undoubtedly will end with Warren's passing. Greg Abel investment decisions won't move markets, and shareholder meetings will no longer be Woodstock for capitalists.etc. No one could have carried that torch, especially no one this low-key and boring.

  • @ChupraCumbra

    @ChupraCumbra

    20 күн бұрын

    Buffet got Becky.....weird.

  • @magalengo

    @magalengo

    19 күн бұрын

    Yeah Greg seems like a local police chief that has total power. If someone asks him a pointed question, he tightens up and gets annoyed.

  • @KemptonLam
    @KemptonLam21 күн бұрын

    Charlie is greatly missed! My eyes weren't dry when Warren said "Charlie?" accidentally when he meant to say "Greg?". Having said I really missed Charlie, I think Warren is known to make all the important decisions (good and bad ones) without waiting for nor requiring Charlie's approval. Still, it was so nice to having Charlie as sounding board or to chat when Warren needed and vice versa (re BYD and Costco all those years ago).

  • @magalengo

    @magalengo

    21 күн бұрын

    Yes, unfortunately it seems Buffett has largely ignored almost everything Charlie recommended over the last 10 years. Mohnish Pabrai mentioned several times that Charlie seemed very frustrated with Buffett’s capital allocation over the last many years. I guess that is what happens when you are the junior partner, and Buffett the senior partner holds all the real power. I had a great admiration for Charlie and learned far more from him compared to Warren.

  • @sakakaka4064

    @sakakaka4064

    18 күн бұрын

    @@magalengo Do you know exactly what he meant? Charlie had some weird ideas e.g. investing in China. No wonder Buffett did not want to fulfill his ideas fully.

  • @magalengo

    @magalengo

    18 күн бұрын

    @@sakakaka4064 The insistence on holding excessive amounts of cash. And the refusal to purchase meaningful amounts of even the most conservative investment, Berkshire’s own shares. Not buying Google, Costco etc. Even to purchase the BYD investment, Charlie was told “no” numerous times, and was only given a relatively small amount of capital for the investment.

  • @magalengo

    @magalengo

    18 күн бұрын

    @@sakakaka4064 Also, consider that Buffett invested in Petro China which made billions. And BYD made billions, so saying that investing in China is a weird or bad idea doesn’t seem correct to me.

  • @sakakaka4064

    @sakakaka4064

    18 күн бұрын

    @@magalengo Everybody that knows anything about authoritarianism expected that China will smack foreign investors sooner or later. Chinese stock market was a hot potato from the very beginning

  • @georgesotiriou7051
    @georgesotiriou705122 күн бұрын

    Greg is the new emperor

  • @c-note
    @c-note21 күн бұрын

    I wish we had more companies that instead of buying businesses and taking them private, stayed a public holding enterprise like $BRK.A

  • @collinmiller8866
    @collinmiller886620 күн бұрын

    Berkshire is, in a sense, is what the original definition of a hedge fund is.

  • @smallbeans101
    @smallbeans10122 күн бұрын

    Berkshire will hit a trillion dollar valuation by 2025!! Buy buy buy

  • @ChupraCumbra

    @ChupraCumbra

    20 күн бұрын

    Sell bro.

  • @joshuamartinez7113

    @joshuamartinez7113

    20 күн бұрын

    Agreed. I personally believe Berkshire will be in the top 5 highest valued company in the US in the future. Berkshire will become the insurance alternative to equities in my opinion. It is simply a huge compounding machine guaranteed to preserve capital for centuries if stupid decisions are simply avoided.

  • @rosebery101
    @rosebery10121 күн бұрын

    I think Mr Fudge and Mr Brittle talk a lot of sense

  • @winningloser160
    @winningloser16021 күн бұрын

    Warren does not sound that great.. his voice is not the same and it has nothing to do with Charlie's passing...nonetheless Warren and Charlie have had a better then expected run. And are the GOATs!!

  • @user-qp6wm4bg1i

    @user-qp6wm4bg1i

    21 күн бұрын

    I was shocked at how feeble he sounded relative to even last year. It can go fast in one's mid-90s.

  • @magalengo

    @magalengo

    19 күн бұрын

    Pride won’t allow him to give up the power and fame. We would all likely do the same. The limelight is a hell of a drug, even at 94 years old.

  • @Leeds1919LUFC

    @Leeds1919LUFC

    15 күн бұрын

    @@magalengoor he just enjoys his job. What a strange thing to say.

  • @BrettaANordsiek
    @BrettaANordsiek13 күн бұрын

    As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

  • @BerryRyan-gl3sm

    @BerryRyan-gl3sm

    13 күн бұрын

    the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

  • @yeslahykcim

    @yeslahykcim

    13 күн бұрын

    Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

  • @lucaswilliams9992

    @lucaswilliams9992

    13 күн бұрын

    Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

  • @yeslahykcim

    @yeslahykcim

    13 күн бұрын

    Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

  • @brianwhitehawker1756

    @brianwhitehawker1756

    13 күн бұрын

    Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @Dave-ji1yp
    @Dave-ji1yp18 күн бұрын

    WARREN BUFFETT A VERY SMART MAN. HE HAS A GOOD CREW...👍👍

  • @momofighter3211
    @momofighter321121 күн бұрын

    End of an era

  • @Anonyoussisbeke
    @Anonyoussisbeke21 күн бұрын

    Berkshire will definitely take a dip when Warren passes away.

  • @magalengo

    @magalengo

    21 күн бұрын

    I think the opposite.

  • @crimsonpirate1710

    @crimsonpirate1710

    21 күн бұрын

    It will be a company that runs aground due to the limited intelligence of those replacing the titans that passed before them.

  • @brunomanco7529

    @brunomanco7529

    21 күн бұрын

    I think so. But a couple quarters later people will see it still runs the same

  • @oppamaclare

    @oppamaclare

    21 күн бұрын

    It will be like when a good sports manager retires. The new person never achieves the same level of success.

  • @ChupraCumbra

    @ChupraCumbra

    20 күн бұрын

    Their returns haven't been that great the last 20 years.

  • @kuyajon
    @kuyajon14 күн бұрын

    Theres not much fun without Charlie around Such a great mind

  • @maalikserebryakov

    @maalikserebryakov

    10 күн бұрын

    Yeah His dry humour and wit were very entertaining

  • @kuyajon

    @kuyajon

    9 күн бұрын

    @@maalikserebryakov I actually just listen to berkshire to hear few seconds of Charlies wits

  • @dogwoodish
    @dogwoodish12 сағат бұрын

    final chapter ?

  • @pebos1234567890
    @pebos123456789021 күн бұрын

    If i was a betting man sadly i think this is his last annual share holder meeting

  • @crimsonpirate1710

    @crimsonpirate1710

    21 күн бұрын

    Sadly you might be right.

  • @jurek8816

    @jurek8816

    21 күн бұрын

    I have the same feeling, maybe he will be present in the next meeting but Greg will be the main speaker.

  • @magalengo

    @magalengo

    21 күн бұрын

    @@jurek8816 I sure hope so

  • @estevesmartins7935

    @estevesmartins7935

    20 күн бұрын

    The tone of the event and his pronouncements surely indicated it.

  • @dannthegentleman4261

    @dannthegentleman4261

    20 күн бұрын

    Sounds like the end of an era for sure

  • @chaowei8150
    @chaowei815020 күн бұрын

    Charlie needs his friend. Can feel it in the voice

  • @SH-np8hz
    @SH-np8hz21 күн бұрын

    Miss Charlie's joke.

  • @deanfaklaris9987
    @deanfaklaris998720 күн бұрын

    first time noticing Warren sounding weaker. :(

  • @Gengingen
    @Gengingen20 күн бұрын

    US treasuries is “going to be” the safest! That means the global order is static. Just because the future has been good to you in the past does not mean it will continue to do so. Past performance even for decades - just like WB’s life he described - can be pure luck & no guarantee of future success.

  • @capri2673
    @capri26735 күн бұрын

    The fact they're stockpiling money is cause enough to wonder if they think a crash is on the way.

  • @shankarbalakrishnan2360
    @shankarbalakrishnan236017 күн бұрын

    The truth of life is no one has the time to live❤❤🎉🎉 so busy dieing

  • @luciobarbato1461
    @luciobarbato146117 күн бұрын

    Ends of Berkshire

  • @platoscavealum902
    @platoscavealum90220 күн бұрын

    📰

  • @victormkhaliphi2778
    @victormkhaliphi277821 күн бұрын

    Where is he going?????

  • @momofighter3211

    @momofighter3211

    21 күн бұрын

    Heaven

  • @ryen7512

    @ryen7512

    21 күн бұрын

    money can buy you everything except time

  • @victorcoda

    @victorcoda

    21 күн бұрын

    Into nonexistence

  • @victorkaps6617
    @victorkaps661716 күн бұрын

    Berkshire needs more D.E.I.

  • @magalengo
    @magalengo21 күн бұрын

    BNSF earnings are really poor, no accountability in having to answer to public shareholders.

  • @AA-ke5cu
    @AA-ke5cu15 күн бұрын

    Greg is capable of doing that "I THINK"? Never put all your eggs in one basket.

  • @snowballs2023
    @snowballs20238 күн бұрын

    Warren should have announce his retirement at end.

  • @fearmetoo-le8dw
    @fearmetoo-le8dw5 күн бұрын

    RIP to berkshire, greg will never ever be able to acheive the investment returns buffet acheive

  • @bkh5746
    @bkh574614 күн бұрын

    Less than 5 yrs they will run it straight in the dirt.they will steal it dry😂.its just the obvious..

  • @Brokeloco
    @Brokeloco21 күн бұрын

    Damm Becky quick Could get it real Quick .. 😘 xoxo

  • @ChupraCumbra

    @ChupraCumbra

    20 күн бұрын

    Becky likes Hot 🔥 Dog's. Imagine if Becky n W shared the same Quality Inn Grand Suite.

  • @magalengo

    @magalengo

    19 күн бұрын

    Yes, but she seems like an ice princess. One wrong word could be the end of you 😂

  • @thomaswilson7441
    @thomaswilson744114 күн бұрын

    Well there's one thing Warren might be interested in I don't know I'm sure he's busy with his karate training for the upcoming global championships, but there is not one dairy Queen on the moon, 🤔( and with Elon musk and all the others that are trying to colonize the moon for medical research and a million to one other things, it would sure be nice to know there was a dallly bar or an ice cream sandwich easily accessible) 🆗😌😌😌

  • @zzkzz7727
    @zzkzz772721 күн бұрын

    Damn he sounds like his wits are deteriorating, stuttering and repeating the same things over and over. sad to see, he was a lot more coherent just a few years ago.

  • @victorcoda

    @victorcoda

    21 күн бұрын

    At 94 he is still smarter than you

  • @magalengo

    @magalengo

    21 күн бұрын

    @@victorcoda Buffett’s capital allocation over the last 10 years says otherwise.

  • @Allthekingshorses2

    @Allthekingshorses2

    21 күн бұрын

    @@magalengoso you’re smarter than Buffett? Random KZread comment by a billionaire, ladies and gentlemen….

  • @collinmiller8866

    @collinmiller8866

    20 күн бұрын

    @@magalengoBahahaha he’s managing nearly a trillion in assets. If you don’t understand why you with maybe a few thousand have beat his returns then you shouldn’t be allocating any money at all (not even your own.) It shows you don’t understand how this games works. His track record is the best in the world. No one has even come close to his skill and expertise.

  • @ChupraCumbra

    @ChupraCumbra

    20 күн бұрын

    Becky might inherit more than the wife....... imagine if it came out they stayed in same Quality Inn suite😂😂😂😂😂

  • @user-Tb132jk00fB
    @user-Tb132jk00fB22 күн бұрын

    Non farm report 😞😞 was Very BAD. report SHOW THAT USA ECONOMY IS GOING TO HELL TO HARD RECESSION LANDING. ON MONDAY WE WILL SEE A BIG DROPPING IN S P. 2d cutting WILL BE MAYBE AFTER 2D QUARTER OF ....2025!! 😢😢😢 PREPARE FOR MARKET CORRECTION ON MONDAY. forget about rally BE FRIENDS WITH ELEMENTARY LOGIC

  • @KirkLong-cz3oi

    @KirkLong-cz3oi

    22 күн бұрын

    lol. no the market is going to pump because of this meeting

  • @funface7253

    @funface7253

    21 күн бұрын

    Relax bro

  • @SigmaShorts911

    @SigmaShorts911

    21 күн бұрын

    You literally have no idea wtf you’re saying

  • @magalengo

    @magalengo

    21 күн бұрын

    OK, let us wager than the market will drop at least 5% on Monday. Willing to wager at least $10,000?

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