Warren Buffett Is Leaving Berkshire Hathaway in Great Shape for His Successor After Profit Results

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Warren Buffett Is Leaving Berkshire Hathaway in Great Shape for His Successor After Profit Results
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Warren Buffett will be leaving on a high note. Berkshire Hathaway reported strong third-quarter earnings results on Saturday and its enormous cash holdings hit record levels. This will give Greg Abel, the Berkshire executive who will succeed the 95-year-old Buffett as CEO at year-end, a good foundation to begin his tenure as leader of the world’s biggest conglomerate with a $1 trillion market value.

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