{"id":12,"date":"2026-05-12T17:37:56","date_gmt":"2026-05-12T17:37:56","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=12"},"modified":"2026-05-12T17:37:56","modified_gmt":"2026-05-12T17:37:56","slug":"the-reviews-are-in-warren-buffetts-faithful-fans-share-their-thoughts-on-greg-abel","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=12","title":{"rendered":"The reviews are in: Warren Buffett&#8217;s faithful fans share their thoughts on Greg Abel"},"content":{"rendered":"<section>\n<p>I recently flew to Omaha to see Warren Buffett&#8217;s successor, Greg Abel, host his first Berkshire Hathaway shareholder meeting as CEO.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=10\">Blackstone president Jon Gray shares how to make the most out of working at a big firm<\/a><\/p>\n<p>I spoke to Berkshire shareholders, authors, and managers about the new boss, who took over from Buffett on January 1.<\/p>\n<p>They were overwhelmingly impressed by Abel, and several offered fresh insights into his character and leadership style.<\/p>\n<p>Brett Gardner, the author of &#8220;Buffett&#8217;s Early Investments,&#8221; told me after the Q&amp;A session that Abel visibly grew in confidence as the weekend&#8217;s flagship event went on.<\/p>\n<p>Gardner said he enjoyed Abel&#8217;s jokes about ice hockey, his favorite sport, and appreciated how strong he was on the details. He also praised Abel for answering a burning question he had: &#8220;What is his willingness to wheel and deal a little bit, maybe spin off businesses?&#8221;<\/p>\n<p>&#8220;Absolutely not,&#8221; Abel replied when a shareholder asked if he would break up Berkshire.<\/p>\n<p>The conglomerate&#8217;s new chief said its structure \u2014 a web of decentralized, autonomous subsidiaries \u2014 worked efficiently to limit bureaucracy and cost bloat.<\/p>\n<p>Abel reiterated Buffett&#8217;s philosophy of owning businesses for the long term, and only selling for a compelling reason such as regulation, risk, or unsustainable losses.<\/p>\n<p>Gardner also credited Abel for sharing the stage with two of his top deputies during the second half of the Q&amp;A: Adam Johnson, who Abel has appointed president of Berkshire&#8217;s consumer, service, and retail businesses, and Katie Farmer, the CEO of BNSF Railway.<\/p>\n<p>&#8220;Nobody has Warren Buffett&#8217;s star power to hold a full meeting,&#8221; he said, referring to past years when Buffett \u2014 and his now-deceased business partner, Charlie Munger \u2014 would take questions for more than six hours.<\/p>\n<p>Bill Hughes, 41, a financial advisor from Oklahoma, told me that Abel&#8217;s willingness to have Buffett say a few words and sit for an interview during the meeting suggested Abel was a &#8220;proven and confident leader&#8221; rather than an insecure one.<\/p>\n<p>&#8220;I think it&#8217;s kudos to Greg that he doesn&#8217;t seem afraid to have Warren around,&#8221; Hughes said. &#8220;He recognizes how important Warren is \u2014 not just to shareholders, but to him.&#8221;<\/p>\n<p>Jay Williams, 40, a real estate investor from Florida, told me she didn&#8217;t care whether Abel was as charming or funny as Buffett.<\/p>\n<p>&#8220;Let&#8217;s be real: We&#8217;re shareholders, we&#8217;re here for the money,&#8221; she said. &#8220;I can look at YouTube if I want jokes.&#8221;<\/p>\n<p>&#8220;As long as these numbers are steadily going up, and I hear the key components that I feel like Warren would say, or what Warren has taught me, that&#8217;s more the stuff I&#8217;m looking for,&#8221; Williams added.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=9\">Companies laying off staff this year include Meta, Amazon, and Coinbase \u2014 see the list<\/a><\/p>\n<p>Pat Egan, the CEO of Berkshire-owned See&#8217;s Candies, told me he&#8217;s known Abel for a &#8220;couple of decades&#8221; as Egan previously worked at PacifiCorp and NV Energy \u2014 two subsidiaries of Berkshire Hathaway Energy, which Abel led before taking charge of all of Berkshire&#8217;s non-insurance businesses in 2018.<\/p>\n<p>&#8220;He is about the consistency and the integrity that Warren and Charlie always brought to the business,&#8221; Egan said, adding that &#8220;knowing them and knowing him, it&#8217;s basically the same person in terms of integrity and ethics and the way you focus on the customer.&#8221;<\/p>\n<p>Egan said that Abel would always tell employees to &#8220;do the right thing, do it well, and if you need help, come and ask for it.&#8221;<\/p>\n<p>He added that Abel excelled at giving direction, and helped him communicate better by advising him to &#8220;get to the point \u2014 basically put the punchline up front and then make sure you can back it up.&#8221;<\/p>\n<p>Troy Bader, the CEO of Dairy Queen, told me that Abel is &#8220;hands on&#8221; and &#8220;very astute, a very quick study.&#8221;<\/p>\n<p>Abel &#8220;understands the dynamics of your business really quickly, and he&#8217;s going to challenge you,&#8221; Bader added.<\/p>\n<p>John Choe, 31, a real estate and stocks investor from Atlanta, told me he spoke to Abel last year, and the executive left a strong impression on him.<\/p>\n<p>&#8220;Greg&#8217;s tough,&#8221; Choe said. &#8220;He&#8217;s nice, he&#8217;s very polite, but when I met him, I thought he was a force of nature.&#8221;<\/p>\n<p>Choe said that during the Q&amp;A, Abel was &#8220;much more thorough&#8221; in his answers than Buffett, and Abel and his lieutenants helped Choe understand both the big picture and the company&#8217;s new structure.<\/p>\n<p>&#8220;I also learned a lot about how capital moves within Berkshire,&#8221; Choe said. &#8220;They referred to it before, but this year, the management helped me see it, so that was super cool.&#8221;<\/p>\n<p>Adam Mead, the author of &#8220;The Complete Financial History of Berkshire Hathaway,&#8221; told me that Abel struck him as having a &#8220;nice balance&#8221; of being &#8220;knowledgeable&#8221; about Berkshire and being a &#8220;partner with the CEOs,&#8221; while holding them accountable.<\/p>\n<p>Mortez Washington, 52, an ICU nurse from Memphis, praised Abel for saying he&#8217;ll only intervene in subsidiaries when necessary.<\/p>\n<p>&#8220;His thing was basically: &#8216;I&#8217;m not going to tell a .400 hitter how to hold the bat,'&#8221; Washington said, nodding to how Buffett has described his leadership style.<\/p>\n<p>Malinda Williams, 40, a local financial advisor, said her impression was that Abel would demand &#8220;accountability,&#8221; and for those who &#8220;need more hands-on support, he&#8217;s willing to get in the trenches with them.&#8221;<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=7\">Blackstone president Jon Gray shares how to make the most out of working at a big firm<\/a><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>At Warren Buffett&#8217;s big bash in Omaha, we asked Berkshire Hathaway investors, authors, and managers what they thought of his successor, Greg Abel.<\/p>\n","protected":false},"author":1,"featured_media":11,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-12","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The reviews are in: Warren Buffett&#039;s faithful fans share their thoughts on Greg Abel - American home journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanhomejournals.com\/?p=12\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The reviews are in: Warren Buffett&#039;s faithful fans 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