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Abel has been Buffett's designated successor for years, and he already manages all of Berkshire's noninsurance businesses.
"Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund," Buffett wrote in 2013.
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24/7 Wall St. on MSNWarren Buffett To Depart Red-Hot Berkshire Hathaway Leaving Massive Cash HoldingsIf any investor has stood the test of time, it’s Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has ...
The OMAH ETF aims to replicate Berkshire Hathaway's top 20 equity holdings and uses a covered-call strategy to generate high ...
Tesla (NASDAQ: TSLA), for example, has gotten into the insurance business through Tesla Real-Time Insurance, which measures a ...
"There’s just so much more opportunity, at least in the United States, that presents itself in the security market than in ...
The handpicked successor inherits a record cash pile — but will be scrutinised more than the “Oracle of Omaha”.
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