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In his first letter to Berkshire Hathaway shareholders, new CEO Greg Abel didn’t try to emulate Warren Buffett’s folksy, conversational writing style.
He did, however, emphasize he won’t be making major changes to the way the company has operated for decades under Buffett’s leadership.
At the top of his letter, Abel called Buffett “arguably the greatest investor of all time,” and acknowledged that “Warren is obviously a very hard act to follow.”
