Berkshire Hathaway's leadership transition is now official—Greg Abel takes over from Warren Buffett as the company's new chief executive. The move marks the end of Buffett's decades-long leadership era and signals a significant shift in one of the world's largest conglomerates. Abel's appointment reflects the company's evolution, and investors are closely watching how this transition will shape Berkshire's future strategy and market positioning. The leadership change in such a major financial institution naturally ripples through markets, affecting investor sentiment and capital allocation decisions across multiple asset classes.