Warren Buffett retired as CEO of Berkshire Hathaway on Jan. 1, with Greg Abel taking over. Todd Combs’ departure likely means Ted Wechsler will handle the $300 billion equity portfolio and $377.4 billion in cash. Berkshire’s top holdings include Apple and Bank of America. Wechsler’s success at Peninsula Capital bodes well for managing Berkshire’s investments with a value-investing approach, despite challenges. Berkshire shareholders can expect Wechsler to continue seeking opportunities for growth and value in the portfolio. Consider the potential for strong returns with Stock Advisor’s top 10 stock picks, excluding Berkshire Hathaway.

Read more at Nasdaq: What Is the Plan for Berkshire Hathaway’s $300 Billion Equity Portfolio Following Warren Buffett’s Retirement?