Berkshire Hathaway: End Of An Era? The Market's Doubts Won't Last (NYSE:BRK.A)

Berkshire Hathaway: End Of An Era? The Market's Doubts Won't Last Summary Berkshire Hathaway (BRK.A, BRK.B) will soon enter the Greg Abel era as CEO, with Warren Buffett remaining Chair to ensure continuity, as he hands over the reins to Abel. Recent Alphabet (GOOGL) purchase signals an interesting development, which also involved relatively high multiples, posting probing questions about who made that call? Key management changes, including departures of key lieutenants, raise questions about Abel's strategic direction in the post-Buffett era. Abel's early moves after he assumes CEO will be scrutinized for signals into his capital allocation and management philosophy, which could induce volatility. With Berkshire stock having already reflected a discount to account for Buffett's impending departure, buyers should relish the chance to buy more now. Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOGL, BRK.B either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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