You think Greg Abel is the most powerful guy in the room? Think again. Warren Buffett still holds 30% of the voting shares. He’s not gone—he’s just napping in the corner with one eye open. Meanwhile, Howard once admitted he’d rather be fixing a tractor than reading a quarterly report. Talk about a reluctant king.
And get this: Greg Abel once said his favorite hobby is "reading corporate filings." I’m not joking. The man voluntarily reads legal disclosure documents for fun. Meanwhile, Howard spends his time photographing giraffes and writing books about soil conservation. It’s like pairing a calculator with a campfire.
The Real Power Struggle? It’s Not What You Think
You’d expect a Shakespearean drama—backroom deals, whispered betrayals, a thrown scepter. But nope. They actually like each other. Greg respects Howard's moral compass; Howard trusts Greg's math. The biggest conflict? Where to hold the annual meeting. Greg wants Omaha. Howard prefers a field in Nebraska with good topsoil.
Buffett set to hand Berkshire baton to Abel, who has a tough act to
But here’s the secret sauce: Warren Buffett didn’t choose Greg for his charm or Howard for his finance skills. He chose them because neither wants the spotlight. Greg would rather calculate than celebrate. Howard would rather farm than frame a photo op. Together, they form a perfect anti-ego shield.
