Greg Abel inherited one of the most cash-rich companies on earth, yet Berkshire Hathaway sits flat while the S&P 500 surges ahead. Something has to give, and the window for Abel to prove himself is closing fast.
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Maybe it is because Warren Buffett stepped down as CEO of Berkshire Hathaway (NYSE: BRK-B | BRK-B Price Prediction) at the end of last year. Maybe his replacement, Greg Abel, is not up to the job. (Buffett stepped down as Chairman recently, but that is too recent to affect Berkshire Hathaway’s stock, which is flat this year, while the S&P 500 is 13% higher. Every day, the distance…
