Warren Buffett to step down from Berkshire Hathaway, Who is new SEO ?

Warren Buffett to step down from Berkshire Hathaway, Who is new SEO ? 

Warren Buffett's Berkshire Hathaway has named its Vice Chairman Greg Abel as the next CEO of the company as the ace investor stepped aside from his role.

Abel's appointment will be effective from January 1, 2026, Berkshire Hathaway said in a statement.

Warren Buffett will step aside as the CEO but will continue with his role as chairman of the board of the $1.16 trillion conglomerate.

The board of directors at the cash-rich conglomerate voted on Sunday to keep the legendary 94-year-old investor as head of the board. The board in the same meeting also approved Buffett’s chosen successor as CEO, veteran Berkshire executive Greg Abel.

Who is Greg Abel?

Before Buffett disclosed his plan, Abel, who was unaware of the move, told attendees at the annual meeting he would be "more active, but hopefully in a very positive way", in overseeing Berkshire subsidiaries, though they would continue running "very autonomously".

Abel, a Canadian, has long been among the close aides of Warren Buffett. Greg Abel lives two hours away from Warren Buffett in Des Moines Iowa. He is likely to stay there.

Since 2018 he has held charge of BNSF, Berkshire's railroad company, food brands Dairy Queen and See's Candies, and other manufacturing and retail businesses.

Berkshire shares take a hit

Shares of Berkshire Hathaway fell 2.8 per cent before the bell on Monday after the ace investor announced his retirement, Reuters reported.

Shareholders said it remains unclear how the holding company's 189 operating businesses, $264 billion of stocks and $347.7 billion of cash will fare after the man so involved with it leaves the stage.

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How Women Invest Their Money: Smart Strategies for Financial Growth

 How Women Invest Their Money: Smart Strategies for Financial Growth

Women are increasingly taking control of their financial futures, investing wisely to build wealth and security. Whether it's saving for retirement, funding a business, or securing their children's future, women approach investing with careful planning and long-term vision. This article explores how women invest their money, the challenges they face, and smart strategies to grow wealth effectively.

Why Women Invest Differently

Women tend to invest with a focus on financial security, long-term growth, and risk management. Studies show that they are more likely to adopt a diversified investment strategy, prioritize stability over speculation, and seek professional financial advice before making major investment decisions.

Common Investment Strategies for Women

1. Long-Term Investments

Women often prefer long-term investments such as mutual funds, index funds, and real estate. These assets provide steady returns over time and help build wealth sustainably.

2. Retirement Planning

Planning for retirement is a key priority. Many women invest in pension funds, Employee Provident Fund (EPF), Public Provident Fund (PPF), and retirement-focused mutual funds to ensure financial security in their later years.

3. Stock Market and Mutual Funds

While traditionally more conservative, many women are now actively participating in stock market investments. They prefer systematic investment plans (SIPs), blue-chip stocks, and dividend-paying stocks for consistent returns.

4. Gold and Precious Metals

Gold has always been a popular investment among women, especially in India. Besides physical gold, modern investors also opt for gold ETFs and sovereign gold bonds for wealth preservation.

5. Real Estate Investments

Many women invest in real estate to secure long-term wealth. Property investments provide rental income and potential capital appreciation, making them a favored asset class.

6. Entrepreneurial Investments

Women entrepreneurs often reinvest their earnings into their businesses, startups, or small enterprises. Many also explore alternative investments like peer-to-peer lending and crowdfunding.

How Women Can Overcome Investment Barriers

• Financial Literacy: Learning about investment options and strategies is essential.

• Seeking Professional Advice: Consulting financial planners can help make informed decisions.

• Starting Early: The earlier women start investing, the more they can benefit from compounding growth.

• Diversifying Investments: A mix of assets like stocks, bonds, real estate, and gold can reduce risk and maximize returns.

Conclusion

Women are becoming more confident investors, taking control of their financial future with strategic investments. By focusing on long-term growth, financial security, and diversification, they can build wealth effectively. Whether through stocks, real estate, mutual funds, or entrepreneurship, smart investing is key to financial independence.

Happy Women’s Day to all my amazing blog readers! 🌸✨

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Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of thefundfortress.blogspot.com. We advise investors to check with certified experts before making any investment decisions and the article is for informational purposes only and not investment advice.