Warren Buffett is famous while Greg Abel is virtually unknown. Here's what Berkshire's new CEO has shared about himself.

• Warren Buffett is famous, portion Berkshire Hathaway's caller CEO, Greg Abel, is hardly known.

• Business Insider reviewed Abel's past comments to amended recognize who helium is and however helium leads.

• Abel reads a lot, coaches sports, and hews intimately to Buffett's investing approach.

Warren Buffett is simply a world-renowned capitalist and concern icon, celebrated for everything from his folksy contented and immense luck to his frugal habits and emotion of junk food.

Greg Abel, who took implicit arsenic Berkshire Hathaway's CEO connected January 1, has virtually zero nationalist illustration by contrast. Whereas Buffett has partied with Jay-Z, stumped for Hillary Clinton, and appeared connected "The Office," fewer radical extracurricular the fiscal satellite person adjacent heard of Abel.

Buffett's successor has reserved his commentary successful caller years for Berkshire's yearly shareholder meetings. Business Insider reviewed those Q&A sessions to summation a amended consciousness of who Abel is and however helium plans to pb — and recovered a backstage idiosyncratic who afloat embraces Buffett's teachings and seems improbable to stone the boat.

Abel joined Berkshire successful 2000 erstwhile Buffett acquired MidAmerican Energy, and roseate from the subsidiary's CEO to go vice-chairman of Berkshire's non-insurance businesses successful 2018. He began appearing connected signifier with Buffett starting successful 2020.

Prior to past year's meeting, Abel mostly constricted his input to discussing subsidiaries specified arsenic Berkshire Hathaway Energy and the BNSF Railway, and weighing successful connected blistery topics specified arsenic the clean-energy transition.

Abel has often echoed Buffett, emulated the capitalist by praising his employees and lieutenants, championed Berkshire's culture, and talked up its businesses.

He's described Berkshire arsenic a "very peculiar company" due to the fact that it treats its shareholders arsenic partners and its concern managers enactment arsenic owners, saying "that's ne'er going to change."

Abel has said he'll put similar Buffett by staying wrong his "circle of competence," treating each banal acquisition arsenic if he's buying a portion of a concern for the agelong term, valuing companies based connected what they're apt to beryllium worthy successful 10 oregon 20 years and comparative to the risks they face, and having patience and subject astatine each times.

"It's important to cognize that the superior allocation principles that Berkshire lives by contiguous volition proceed to survive, Warren," helium said during the 2024 meeting.

Abel has underscored that, similar Buffett, he'll beryllium acceptable to pounce during periods of turmoil. He said past twelvemonth that onlookers should "never underestimate the magnitude of speechmaking and enactment that's being done to beryllium prepared to enactment quickly," adding that a "large portion of being patient" is "using the clip to beryllium prepared."