Buffett's designated 'successor at Berkshire, Greg Abel, who is he? What does he think about cryptocurrency?

Actually, as early as 2021, Buffett revealed in an interview with CNBC that Abel was his designated successor at Berkshire Hathaway. What is his background? (Background: Goodbye to the stock god! Buffett announces he will step down as Berkshire CEO at the end of 2025, with Greg Abel taking over.) (Background supplement: A legendary review of Charlie Munger) Together with Buffett, they formed the strongest partnership and dominated the market throughout their lives. The stock god Warren Buffett has long been synonymous with Berkshire Hathaway, but with the passing of his close ally and Berkshire Vice Chairman Charlie Munger, and as Buffett approaches the twilight of his career, investors are also curious about who the successor at Berkshire will be. Today (the 4th), the 94-year-old Buffett officially announced at the shareholders' meeting that he will step down as CEO at the end of 2025, and the current Vice Chairman Greg Abel will take over. "Tomorrow we will hold a Berkshire board meeting, and we have 11 directors. Among them, two are my children, and they know what I will discuss tomorrow. For the other directors, this will be new information, but I believe the time has come for Abel to become the CEO of the company by the end of this year." Who is Abel? According to reports compiled by (Business Insider), Abel was born on June 1, 1962, graduated from the University of Alberta in Canada in 1984 with a degree in business, and subsequently continued to exhibit expertise in accounting. In 2013, in his alma mater's alumni magazine, Abel discussed his passion for accounting: Initially, I had a strong interest in finance, but when I realized the importance of understanding income statements and cash flow statements, my study of accounting began. Taking over MidAmerican Energy In 1992, Abel joined the geothermal power producer CalEnergy as a certified public accountant; however, after CalEnergy acquired MidAmerican Energy in 1999, it adopted the latter's name. The same year, Berkshire acquired MidAmerican Energy, bringing Abel into Buffett's sight. He officially took over as CEO of MidAmerican Energy in 2008 and renamed it Berkshire Hathaway Energy in 2014. Currently, Abel is the chairman of Berkshire Hathaway Energy and also received a board seat from Berkshire Hathaway in 2018, being appointed Vice Chairman of Berkshire Hathaway's non-insurance business. Munger evaluates Abel: An evolved version of Buffett Abel is highly regarded among his colleagues at Berkshire Hathaway, including Buffett's late ally Munger. At this year's Berkshire Hathaway annual meeting, Munger stated: Abel is exceptional as a business leader, both as a thinker and a doer. He is also a tremendous learning machine; you could say he is as good as Warren in learning various things. In fact, in some aspects, he is better than Warren, and Warren knows that. Meanwhile, Buffett also mentioned the company's future in a press release on the 21st of this month, stating: Berkshire, one of the largest and most diverse companies in the world, will inevitably encounter mistakes in judgment and behavior, but these mistakes will not be too severe at Berkshire; they will be acknowledged and corrected, because we have the right successor and a good board. What does Abel think about cryptocurrency? It is worth mentioning that Buffett and Munger have long held a skeptical attitude towards cryptocurrency, repeatedly stating that investing in Bitcoin is foolish and predicting that most cryptocurrencies will ultimately be worthless: "Don't let me invest in Bitcoin; this is the dumbest investment I have ever seen, and most of them (cryptocurrencies) will go to zero." However, as Buffett's designated successor, Abel has not yet made clear comments on cryptocurrency. Whether he will share Buffett and Munger's skepticism or hold a 'different' view remains to be observed. Related reports Buffett, Munger, and shareholders reveal the 'wealth code' related to the American banking crisis and AI? Stock god Buffett: Bitcoin is 'just gambling' delusions of getting rich; banks may continue to fail. Buffett fears AI is as dangerous as an atomic bomb: We can't cancel his invention! Charlie Munger doubts it is hype. "Buffett's designated 'successor at Berkshire, Greg Abel, who is he? What does he think about cryptocurrency?" This article was first published on BlockTempo (the most influential blockchain news media).