Berkshire Hathaway’s Buffett-Era Investment Edge May Fade Under Greg Abel, Morningstar Says
Morningstar said that Berkshire Hathaway’s track record “has gotten thinner over the years.” With Greg Abel taking over as CEO, Morningstar expects Berkshire’s investment opportunities and returns to be lower than in the past. The analyst said Buffett is expected to continue advising Abel on investment decisions. The firm has a “Narrow” Economic Moat and … Read more