Berkshire Hathaway’s power bet is starting to look riskier
Greg Abel has replaced Warren Buffett as head of Berkshire Hathaway. The company’s annual meeting last week was the first he led. Abel previously ran Mid American Energy, a Des Moines-based utility, and then all of Berkshire Hathaway’s utility operations. When Buffett spoke about financial topics, investors listened attentively. It remains to be seen whether…