Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions

At the recent Berkshire Hathaway meeting, shareholders got a closer look at Greg Abel, the designated successor to CEO Warren Buffett. While Abel demonstrated in-depth knowledge of the utility and railroad sectors, Buffett's new declaration that Abel would also handle the company's investments post-transition sparked fresh concerns about the succession plan. This shift from the previous plan, where investment managers would oversee the portfolio, raises questions about Abel's experience with stock picking, despite his proven track record with large-scale acquisitions.