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Warren Buffett said Berkshire Hathaway is uniquely positioned to stand the test of time as he has formally handed over the role of CEO to his chosen successor Greg Abel, providing strong personal support for the transition.“I think it’s more likely to still be around in 100 years than any other company I can think […]
Shares of Berkshire Hathaway closed slightly lower on Wednesday as Warren Buffett prepared to step down as CEO, handing over leadership to Greg Abel on Thursday. Class A shares fell $600, or 0.1%, to $754,800, while Class B shares fell $1.06, or 0.2%, to $502.65. The broader Standard & Poor’s 500 index fell 0.7% on […]
