Warren Buffett Retires, Greg Abel Takes Over Berkshire Hathaway
Warren Buffett retired as CEO of Berkshire Hathaway on December 31, 2025, transferring leadership to Greg Abel. This transition puts Abel in charge of a $318 billion investment portfolio, with Buffett’s eight “indefinite” holdings—like Coca-Cola and American Express—remaining unchanged. These stocks have performed well, yielding 63% and 39% annually relative to their cost basis, making them unlikely to be sold.
As Abel takes the helm, he may reassess other investments. While Buffett made significant gains with Apple and Bank of America, both companies have seen their valuations rise, which could lead Abel to reduce Berkshire’s exposure. Apple’s price-to-earnings ratio has nearly tripled since Buffett’s initial purchase, suggesting it may no longer be a bargain. Conversely, with Abel’s background in energy, he may further invest in companies like Chevron, leveraging their stable business model amid market fluctuations.
