Greg Abel rules out Berkshire break-up, stresses continuity with Buffett's legacy at annual meeting

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)It wasn't his show but there was still plenty of BuffettNew CEO Greg Abel did most of the talking at his first Berkshire Hathaway shareholders meeting, but Warren Buffett was still a major presence as chairman of the board, even as he sat on the arena floor with his fellow directors.Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026.CNBCSix minutes after the meeting began, a Buffett "jersey" with a large 60, reflecting his 60 years as Berkshire CEO, was raised to the rafters of the CHI Health Center arena.That was followed by a three-minute video produced by Berkshire showing videos and photos from those six decades.Buffett then spoke from his seat on the floor saying, "This is not my show today, but there are two anniversaries that we are kind of celebrating today."It's been about one year since the board approved Abel as CEO in the wake of Buffett's surprise announcement that he would be stepping down, and "you couldn't have