Key Points Warren Buffett retired as CEO of Berkshire Hathaway on Dec. 31, passing the oversight of the company’s $364 billion investment portfolio to Greg Abel. Abel has wasted little time in his new role, jettisoning 16 companies in the first quarter. Collectively, Buffett and Abel have sold nearly 550 million shares of a core holding since June 30, 2024, and its now-premium valuation may be the catalyst that sends it packing. 10 stocks we like better than Bank of America › It's the dawn of a new era for one of Wall Street's trillion-dollar businesses. With Warren Buffett retiring as CEO of Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) on Dec.
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