Berkshire Hathaway shares fall 5% as board OKs Warren Buffett's replacement
1. Berkshire Hathaway shares fell 5.5% following Abel's succession announcement. 2. Buffett to remain chairman despite stepping down as CEO in 2026. 3. Investor confidence in Abel's leadership potential is currently low. 4. Concerns exist about potential changes to annual investor meeting in Omaha. 5. Abel plans to pursue growth opportunities but lacks Buffett's legacy.