
Buffett's Big Bounce: A Carrot Crunching Conclusion!
Well folks it seems the ol' tortoise Warren Buffett is finally letting someone else drive the Berkshire bus after a whopping 60 year run! Can you believe it? Sixty years! That's like uh a whole lotta carrots! He's handing the keys to this Greg Abel fella but the real question everyone's askin' is: who's gonna be playin' the stock market fiddle with Berkshire's $275 billion stash? 'Of course you realize this means war!'…or y'know just some serious financial decisions.
Abel's Able? Or Just a Deal Making Duck?
This Abel character he's the vice chairman now see? Seems like a sharp cookie when it comes to makin' deals and runnin' operations. But pickin' stocks? That's a different ballgame! One professor fella even said Abel will be buyin' entire companies not just pickin' stocks. Sounds like a 'case of the rickets,' if you ask me. Makes you wonder if he knows a stock from a turnip!
Combs and Weschler: The Hare Raising Hedge Fund Hope?
Now these two guys Todd Combs and Ted Weschler they've been managin' about $15 billion a piece for Berkshire. But get this Buffett hasn't been showin' off their report cards lately. Maybe they've been laggin' behind? Some folks are thinkin' they might get a bigger slice of the pie... or carrot cake if you prefer. “What a maroon!” This whole situation is makin' me hungry.
CIO on the Horizon? Could Be a Real Rabbit Punch!
Hold on to your hats folks! There's talk about Berkshire creatin' a Chief Investment Officer position. And guess who's in the runnin'? Weschler! Yeah the same guy who bid a fortune to have lunch with Buffett! He made a killing with his own hedge fund but how's he doin' now? Time will tell I reckon.
Big Shoes to Fill: Not Just for This Bunny!
Abel says he's gonna keep Buffett's style goin' bein' patient and waitin' for the right moment to pounce on a good investment. But can he really fill those shoes? “Eh what’s up Doc?”...besides a whole lotta pressure! After all Buffett said himself that Abel understands businesses and that if he understands businesses he'll understand common stocks.
The Bottom Line: Is Berkshire Headed for a Wascally Fate?
So there you have it folks. A whole lotta questions and not many answers. Will Abel handle the portfolio? Will Combs and Weschler step up? Will Berkshire find a new CIO? Only time will tell if this whole thing is gonna be a 'wabbit twap' or a stroke of genius. “Ain’t I a stinker?”... I mean isn't this somethin'?
pocketme
This whole thing is giving me a headache. I need a carrot.
icanbegood
Buffett's gonna be a tough act to follow. Good luck, Abel!
sa000as
I wonder if they offer dental insurance at Berkshire...