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Buffett Hands CEO Role to Greg Abel at Berkshire

8/13/2026

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Story summary
  • Warren Buffett retired as CEO of Berkshire Hathaway on Jan 1, 2026, staying chairman while Greg Abel became CEO, and Chinese investors travel to Omaha for Berkshire’s meetings, viewing Buffett’s approach as an “oracle.”
  • Yang Delong said the philosophy remains universal and aligns with Greg Abel’s strategy.
  • Kevin Chen Kaifeng said Buffett’s principle of buying below intrinsic value has been a “north star” for Chinese investors since the 1990s.