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Tomorrow. Undoubtedly, the corporate America has the strongest movement in the following Warren Buffeth. But now Greg Abel has officially owned a table for Berkshire Hathaway, the question is: How will he work? I have profiled Abel for Fortune In January – you can read the deep story here. But three themes appeared when Abel can copy Buffett from PlayBook and explore what was the possibility of go.
Both leaders love a bargain and indifferent risks: Shares with Abel Buffett shares with a wizard talent for deals. Future CEO is especially masterful to capture large assets in difficult prices in rough markets. Prominent samples are purchased by pipeline and natural gas giants for a song in the early 2000s, and after the enrollment of Enron and Williams, it is very much for them. Difference: Habil has managed sweat management that makes businesses better. Buffett, a kind of button to choose well-known operators, instead of relying on the transactions did not pass long. Like Buffett, Abel is accounting. The winners of the winners in rising markets to continue the protection and investment in rising markets to continue the practice between various areas of Buffett and the spread of investment in the rising markets, never betted to the franchise.
Wait for Habil to be more hand than Buffett: The best bet, therefore, Abel will apply more harsh to enterprises, then help them to direct their head pole to the best route to get. Former Brooks President Jim Weber visited the Seattle headquarters of the shoe manufacturer working several times a year for Abel’s strategy sessions. “If you don’t play, he will tell you and you have a few months to set off.” Abel looks closely at the same time, at the same time, and how much it is spent on new plants and other CAPEX. Adam Mead, who wrote a decisive book in the financial history of Berkshir, “Several CEOs have applied some kind of advice to capital expenditure. It was recommended and caused a conversation with Greg.”
Abel can give impetus for more synergy: Berkshire, minimizing the bureaucracy and accelerates the decision-making, makes fun of a straightforward corporate structure. But perhaps the gap went a lot. Successful Conglomerates Danaher In Honeywell, it is effective by pooling the purchase of various enterprises to purchase raw materials and components in the best prices. Today is Berkshire, Garner Sikergies and they are great, but mostly finance. Head office can lend to Clayton homes and other Subs to banks or bondholders, such as banks or bondholders. But Berkshire does not matter more or nothing along subsing lines to get steel or semiconductors in more or concert. The annual meeting said that Habil Geico was held with the “technological transformation” and could learn from the experience of other Berkshire enterprises and maybe adopt similar developments. Berkshire said, “It is necessary to understand how progress advances in advance,” he said.
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Contact CEO every day through Diane.brady@fortune.com
This story was first displayed Fortune.com