What will become of Berkshire Hathaway now that Warren Buffett is stepping down?
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Warren Buffett is losing control of Berkshire Hathaway, and hedge fund manager Bill Ackman says it’s time for a new era. The 94-year-old “Oracle of Omaha” has led Berkshire for decades, but Bill believes his investment style is outdated. He says Berkshire would be better off under Greg Abel, Warren’s handpicked successor. The greatest investor of all time is Warren —no debate. If you Google “who is the greatest investor ever?” right now, the results will show you Warren Buffett. This guy turned a struggling textile company, Berkshire Hathaway, into a financial empire worth hundreds of billions of dollars. He’s been compounding money at an annual rate of around 20% for over six decades, which is literally unheard of. Warren’s investing philosophy is just buy great companies at fair prices and hold them forever. No gimmicks, no chasing trends (sorry Bitcoin)—just fundamental analysis and a ton of patience. Warren Buffett with late best friend Charlie Munger, who was the vice chairman of Berkshire Hathaway. Source: Robyn Twomey/Redux/laif. If you’re looking for other contenders though, Benjamin Graham (Warren’s mentor) literally wrote the book on value investing. Peter Lynch turned Fidelity’s Magellan Fund into a money-printing machine. John Templeton was a pioneer in global investing, and Ray Dalio built one of the most powerful hedge funds ever. But if we’re talking consistency, longevity, and sheer impact, Warren wins every single time. No one else has matched his track record over such a long period while keeping it simple and transparent. The author of this article has and will forever remain in absolute awe of him. Bill exposes Warren’s missed opportunities Now let’s get back to Bill, who by the way runs Pershing Square Capital Management. Speaking on the World According to Boyar podcast on Monday, he said Warren’s cautious investment approach has…
Filed under: News - @ March 5, 2025 1:28 pm