Will Billionaire Bill Ackman Become the Next Warren Buffett? If So, Here's the Stock You'll Want to Buy Hand Over Fist.
Who's going to one day fill Warren Buffett's shoes? If we're talking about Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the answer is easy. Buffett again confirmed in his latest annual letter to Berkshire shareholders that Greg Abel, who currently serves as CEO of Berkshire Hathaway Energy, is his successor. But it's a tougher question about who might take Buffett's place in the investing world. Could Bill Ackman become the next Warren Buffett?Ackman and Buffett share several common denominators. Probably the most obvious one is that they're both billionaire investors. Although Ackman's net worth of $9.4 billion is only a fraction of Buffett's net worth of $155 billion, he's also much younger at 58 versus Buffett's 94. Continue reading
Who's going to one day fill Warren Buffett's shoes? If we're talking about Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the answer is easy. Buffett again confirmed in his latest annual letter to Berkshire shareholders that Greg Abel, who currently serves as CEO of Berkshire Hathaway Energy, is his successor.
But it's a tougher question about who might take Buffett's place in the investing world. Could Bill Ackman become the next Warren Buffett?
Ackman and Buffett share several common denominators. Probably the most obvious one is that they're both billionaire investors. Although Ackman's net worth of $9.4 billion is only a fraction of Buffett's net worth of $155 billion, he's also much younger at 58 versus Buffett's 94.
