Fact checked by Katie Reilly Greg Abel is in a tough position. He’s about to replace the most famous investor in the world as CEO of Berkshire Hathaway Inc. (BRK.A., BRK.B) at a time when economic uncertainty is the big story,

Many analysts expressed concerns about Greg Abel’s capital deployment options for good reasons. But I actually see more opportunities than challenges under the new leadership. Read more here

Succession planning is a challenge for many leaders, but Warren Buffett's choice of Greg Abel as Berkshire Hathaway's next CEO is an example of succession done right.