Berkshire investors express cautious optimism under new CEO Greg Abel

Berkshire Hathaway shareholders in Omaha said they are cautiously optimistic about the company’s future as Greg Abel takes over as CEO. The annual gathering marked the start of a new era following Warren Buffett’s leadership, with investors watching how the transition will affect the conglomerate. Many attendees said Buffett’s longstanding endorsement of Abel gives them confidence in the succession plan. Some investors noted that Abel may not command the same stage presence as Buffett and Charlie Munger, but they expect Berkshire’s core principles to remain intact. Shareholders also pointed to broader economic concerns, including inflation and affordability, as issues they hope the new chief executive will address. For many, the meeting was as much about assessing the leadership change as it was about connecting with other Berkshire investors.