Greg Abel, the new CEO of Berkshire Hathaway, used his first letter to shareholders to say this about his predecessor Warren Buffett: “The discipline, patience and judgment define Warren’s way of investing.” Last week, John Ternus used his first conference with investors as Apple’s elected CEO to praise his predecessor’s “reflection, deliberation and discipline in financial decision-making.” This almost perfect echo is not casual. Berkshire and …
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Greg Abel, the new CEO of Berkshire Hathaway, used his first letter to shareholders to say this about his predecessor Warren Buffett: “The discipline, patience and judgment define Warren’s way of investing.” Last week, John Ternus used his first conference with investors as Apple’s elected CEO to praise his predecessor’s “reflection, deliberation and discipline in financial decision-making.” This almost perfect echo is not casual. Berkshire and …