Warren Buffett changed the succession plan by saying Greg Abel will run Berkshire’s investments, even though he’s never been a stock picker


by Fortune

Fortune— Buffett said because Abel understands businesses so well, he also understands stocks.

CNBC—Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying. Berkshire Hathaway has bought nearly 26 million shares of Zurich-based Chubb for a stake worth $6.7 billion. The property and casualty...

Entrepreneur—Warren Buffett's Successor Says Berkshire Hathaway's Culture Will Stay the Same. Berkshire Hathaway investors questioned 93-year-old Warren Buffett about succession plans at the annual shareholder meeting in Omaha on Saturday. Here's what he said.

CNN—Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in. The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year. Berkshire revealed it acquired nearly 26 million shares of Chubb in a Wednesday Securities and Exchange Commission filing of the company’s first quarter investments. That translates to a value of approximately $6.7 billion. Buffett’s company had shielded the position from public knowledge as it was building the...