Imagine you’re at a backyard barbecue, and everyone’s talking about the wise old uncle who built the family fortune. That’s Buffett. Now imagine that uncle quietly points to his neighbor, Greg, and says, “He’s running the show from now on.” That’s the vibe here.
Greg Abel isn’t a flashy Wall Street type. He grew up in Edmonton, Alberta, a city known for oil fields and harsh winters, not pinstripe suits. He started as an accountant, which sounds boring, but think of it this way: he’s the guy who fixes the leaky faucet while everyone else is arguing about the color of the wallpaper.
Abel took over Berkshire Hathaway Energy years ago. He turned it into a massive, reliable machine. You know that feeling when your power bill arrives and it’s not a nightmare? Greg Abel probably had a hand in making that happen.