New Berkshire Hathaway CEO still talks with Warren Buffett nearly every day
Latham Latham (US:SWIM) CNBC·2026-03-05 13:58

Core Insights - Berkshire Hathaway's CEO Greg Abel maintains daily communication with Warren Buffett, who remains actively involved as chairman despite stepping down as CEO earlier this year [1][2] - Abel faces challenges in stepping into Buffett's role, particularly in communicating with shareholders and writing the annual letter [2][3] - The company is unlikely to invest in cryptocurrencies, aligning with Buffett's skepticism, but remains open to technology-related investments [4][5] Group 1 - Greg Abel emphasizes the ongoing presence of Warren Buffett at Berkshire Hathaway, highlighting their daily interactions [1][2] - Abel acknowledges the difficulty of fulfilling Buffett's role as a communicator to shareholders, especially in crafting his first annual letter [2][3] - The company aims to uphold the foundational values established by Buffett, focusing on financial strength and disciplined investing [3] Group 2 - Abel humorously notes that Buffett indicated the challenges of writing future letters will not diminish [4] - Berkshire Hathaway is not expected to enter the cryptocurrency market, reflecting a consistent stance from Buffett [4] - Technology investments are considered viable, with Abel noting the operational benefits and insights gained from technology [5]

Latham -New Berkshire Hathaway CEO still talks with Warren Buffett nearly every day - Reportify