Berkshire Hathaway, led by Warren Buffett, has seen great success with its investment approach. The company owns 189 subsidiary companies and has a diverse investment portfolio, including long-term holdings in Coca-Cola, American Express, and Chevron. Buffett will step down as CEO in 2025, passing the reins to Greg Abel, but will remain chairman of the board. Abel has been with Berkshire for over two decades and is expected to incorporate Buffett’s teachings into his leadership. While there may be differences in how the company is run, the core investment approach is likely to remain consistent. Investors should monitor the transition closely.

Read more at Yahoo Finance: Where Will Berkshire Hathaway Be in 1 Year?