Groovy Baby! Warren Buffett Passes the Mojo to Greg Abel! Yeah!

Is This My Beautiful Berkshire?

Alright alright alright! News just in baby! The Oracle of Omaha Warren Buffett himself has decided to pass the mojo... I mean the CEO gig... to some bloke named Greg Abel. Word is at the ripe young age of 94 Buffett's decided it's time to let someone else take the wheel of his groovy Berkshire Hathaway empire. Can you believe it? It's like he's saying "Yeah baby! I've done my thing now it's your turn to shagadelically run this show!"

From Rags to Riches Baby!

So picture this: 1965 Buffett buys some dingy ol' textile mill. Fast forward to today and BAM! It's a $1.2 trillion behemoth with everything from Geico insurance to railway lines. It's gone from drab to fab! This Greg Abel guy has some big shoes to fill Austin Powers sized shoes! I wonder if he has my number in case he needs any advice...or my mojo.

Abel to the Throne!

This Abel character apparently he's been Buffett's right hand man for ages. Vice Chairman no less! Now he gets to sit in the big chair while Buffett chills in the background offering 'helpful' advice. I bet that's gonna be like me trying to teach Mini Me how to be groovy. "No Mini Me you gotta thrust your pelvis not your head!" Yeah baby!

Money Money Yeah Yeah!

Buffett's got a cool $160 billion in Berkshire stock and he's promising not to sell a single share. "The prospects of Berkshire will be better under Greg's management than mine," he says. So you know it is a very exciting time! He's basically saying Abel's got the Midas touch. All he needs is a little bit of mojo and you are set baby!

Working Hard or Hardly Working?

The real kicker? Buffett admits Abel works harder than he does! “It's working way better with Greg than with me because you know I didn't want to work as hard as he works,” Buffett said. Can you imagine? The guy who turned a textile mill into a trillion dollar empire saying he's not a hard worker. That's like me admitting I'm not the world's most virile secret agent. Wait a minute....

A Cash Fortress and a New Era Baby!

So Abel's inheriting this massive pile of cash—$347 billion baby! He says he'll stick to Buffett's patient investing style. But I bet he secretly wants to buy a rocket ship and fly to the moon! And there is nothing wrong with that baby! The board meets soon to figure out Buffett's new role. Maybe he'll become the company's Minister of Mojo. Yeah! That's what I call groovy baby!