Warren Buffett praises Greg Abel, calls CEO choice '100% successful'
Speakers
Warren Buffett
— Chairman of Berkshire Hathaway, former CEO
Summary
Warren Buffett celebrates two anniversaries at the 2026 Berkshire Hathaway annual meeting: the board refreshment that led to Greg Abel's successful tenure as CEO, and the 10-year anniversary of Berkshire's $35 billion investment in Apple, which has paid off handsomely.
- Warren Buffett praises Greg Abel as CEO successor, calling the board decision 100% successful.
- Buffett notes that Abel is doing everything Buffett did and doing it better.
- Buffett recounts Berkshire's $35 billion investment in Apple 10 years ago, representing 10% of Berkshire's resources.
- Buffett explains the Apple investment was a hands-off strategy that has made Berkshire look good.
