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berkshire hathaway transitions leadership as warren buffett steps down

Warren Buffett has announced his retirement as CEO of Berkshire Hathaway, handing over leadership to Greg Abel, who is expected to maintain the company's investment style while potentially implementing more rigorous operational goals. Despite the change, analysts believe the core characteristics of Berkshire's portfolio, reflecting Buffett's investment philosophy, will remain intact. The evolution of the portfolio under Abel's management will be closely watched as he and his team take a more active role in shaping the conglomerate's future.

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