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Berkshire Hathaway's Future Leadership and Investment Strategies
This chapter delves into Berkshire Hathaway's post-Warren Buffett era, focusing on the potential leadership succession with Greg Abel as the future CEO. It explores the investment strategies employed by key figures like Todd Combs and Ted Wexler, discussing their challenges in deploying large cash reserves and outperforming the market. The chapter also touches on Berkshire's unique approach to acquisitions, successful underwriting practices, and the company's role as a long-term investor and buyer of last resort in the market.