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Greg Abel has done a lot of Berkshire Hathaway’s big deals but is he a second Sage of Omaha?
Plus: a look at what’s really in it for Spac investors, and Apollo’s vision to turn Yahoo into a sports betting winner
Company’s 58-year-old vice-chair will eventually become CEO
Billionaire investor admits surprise at economic rebound as group reports $12bn quarterly profit
Those looking for clues on how Oracle of Omaha’s likely successor might one day run things were left wanting
Welcome to Due Diligence, the FT’s daily deals briefing
Spotlight on Abel and Jain as investors question conglomerate’s shifting strategy
The legendary investor on luck, expectations and finding value in an overheated market
Swings in portfolio value overshadow improvements in underlying businesses
Abel and Jain join board as conglomerate looks to next generation