Warren Buffett’s folksy brand of showmanship earned him the loyalty of investors and helped turn Berkshire Hathaway into a $1tn conglomerate.
Now Greg Abel, Buffett’s successor, will need to show that he too can woo the thousands of Berkshire groupies who are descending on Omaha on Saturday for an annual meeting often called the Woodstock for Capitalists.
The question for the long-serving Berkshire executive, who rose up through the company’s utility business, is how he can build on Buffett’s legacy while convincing a changing shareholder base to stick around for the company’s next act.
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