Warren Buffett Successor Greg Abel is Standing on a Mountain of Rs 29 Lakh Crore Know what he will do with so much money

Admin — Mon, 05 May 2025 10:05:48 +0000

When Warren Buffet stood at the age of 94 in the last minutes of the 60th annual meeting of Hathaway, everyone understood that he would tell an investment formula or a funny anecdote as usual.

But he said something that shocked everyone. Even his successor Greg Abel was not aware of this news. Buffett announced that this would be his last shareholders meeting and will now take over the company’s reins.

29 lakh crore responsibility on Abel’s shoulder

Greg Abel has a $ 1.2 trillion dollars’ responsibility on the shoulders. Along with this, he also has the responsibility of stocks from veteran stocks like Apple and American Express to insurance, energy, railway and consumer brands. Apart from this, they are getting inherited cash of $ 350 billion, they are about 29 lakh crores in Indian rupees. Now the question arises that how will Greg Abel bear all these responsibilities.

Buffet’s magic and abbal test

Alice Shroder, who wrote a biography of Warren Buffett, says that Buffett’s charisma was different and it is difficult to repeat it. However, Abel has already proved his ability. He brought Berkshire’s energy unit to large heights and made many big deals. But now they will have real test. Actually, Berkshire has a huge investment portfolio, which is very big responsibility to handle.

What will happen to 4 lakh employees?

About 4 lakh employees work in Berkshire. In such a situation, after Warren Buffet, this big question has arisen whether Abel will be able to handle these 4 lakh employees. However, Abel has said that he will follow the principles of Buffett. But there are many questions in the minds of investors whether Berkshire’s stock will be equally attractive without buffett? Will the company give dividend or increase share back?

Also read: Sensex rises 500 points amidst gear-political stress, what is the special big reason for the market gains

Source link

The post Warren Buffett Successor Greg Abel is Standing on a Mountain of Rs 29 Lakh Crore Know what he will do with so much money appeared first on .

Tie these 5 things of Warren Buffet, in a few months, money will start raining from the stock market

Admin — Sun, 04 May 2025 15:43:16 +0000

& ldquo; If you do not get a way to earn money even while sleeping, then you will continue to work throughout life & hellip; & rdquo;, Warren Buffett is not just an advice, but an alarm for all those who are working hard day and night, but money is still ‘fruit of hard work’, not the fruit of hard work, no & lsquo; Smart Investigation & RSQUO; Of. That is, the knowledge that Warren Buffet has shared from his experience is not just for Wall Street, but it is equally important for our own Dalal Street. If you are investing or want to invest in the stock market, then these 5 quotes of Buffet can become a roadmap for your success.

1. "Rule No.1: Don’t lose money. Rule No.2: Rule No.1 Never forget."

This most popular thing about Buffet was revealed in 1983. This means, first save your money. Avoiding loss is more important than profits. If you lost 50 percent in a stock, you will have to earn 100 percent to reach the same level.

2. "It is better to buy an excellent company at the right price, buy an average company cheaply."In his letter of

1989, Buffet said that instead of buying cheap shares, invest in a quality company, even if the price is slightly higher. ‘Moat’ means a strong fort of the company, such as a brand value or market leadership, is a profitable deal in a long race. Remember, the price is what you repay, but the value is what you get.

3. "When all are greedy, fear. When everyone is afraid, be greedy."

In 2004, Buffet gave this precious advice to understand the market attitude. When people are shopping indiscriminately, then work with consciousness and when the market is falling, there is an atmosphere of fear then find opportunities.

4. "The stock market is the place where impatient people hand over money to patients."

In 1987, Buffet said that patience is the biggest strength in the stock market. Those who think of making money quickly, often live in loss.

5. "If you do not find a way to earn money in sleep, then you will continue to work throughout your life."In an interview given in

2017, Buffet told the real power of investment, it is called passive income. These things of Buffett are not just quotes called in English, these are solid strategies landing on the land of investment. When people panic in India’s IPO craze or stock market falls, then these 5 things of Buffet can become your shield. So remember, save money, identify the right company, think upside down from the crowd, be patient and make money earning machines, which work even in your sleep.

Source link

The post Tie these 5 things of Warren Buffet, in a few months, money will start raining from the stock market appeared first on .

Warren buffet news Archives -

Warren Buffett Successor Greg Abel is Standing on a Mountain of Rs 29 Lakh Crore Know what he will do with so much money

Tie these 5 things of Warren Buffet, in a few months, money will start raining from the stock market