No. of Recommendations: 5
Picking people who will have this ability is a completely different skill set from doing it oneself. Although I am cautiously optimistic about Abel, I think Buffett’s track record in picking collaborators is much less impressive.
Point taken, I concur, and have mentioned this here when what I and others felt was Greg's less-than-brilliant performance at I think the 2023 annual meeting Q&A. (I was shouted down iirc)
My carefully considered approach now is to do nothing, but watch closely not only Greg's business performance, but also his own people-picking skills - while pondering how much "shirtsleeves to shirtsleeves in three generations" holds for corporations as well.
--sutton
