Warren Buffett Declares Greg Abel as Successor at Berkshire Hathaway, Zelda Breaks the News

Buffett Passes the Torch

So it seems that Warren Buffett has finally decided to pass the torch or the Master Sword if you will to his designated successor Greg Abel.

Zelda on Capital Allocation

"I would leave the rupees uh I mean capital allocation to Greg," Buffett told shareholders. "If you understand dungeons you'll understand investing."

Abel's Ascension

With Greg Abel set to take over at Berkshire Hathaway it looks like he's leveling up to become the new Hero of Time in Buffett's empire.

Big Responsibility Bigger Rupees

"The sums have grown so large at Berkshire and we do not want to try and have 200 people around that are managing a billion rupees each," Buffett said. "It just doesn't work."

Abel's Energy Expertise

Abel is known for his strong expertise in the energy industry maybe he can finally figure out how to power all those rupees being hoarded at Berkshire.

Slaying Stocks and Dragons

"I think the chief executive should be somebody that can weigh buying businesses buying stocks doing all kinds of things that might come up at a time when nobody else is willing to move," Buffett said. Looks like Greg Abel better start sharpening his sword.