Warren Buffett Watch: It's Buffett, not Abel, who appears to be calling the shots on stocks

New Berkshire Hathaway CEO Greg Abel appears to be letting Warren Buffett and portfolio manager Ted Weschler make decisions on the company's equities, according to CNBC.

At 95, Warren Buffett has written a letter to shareholders, as reported by Premium Times, although details of its content are not specified.

Warren Buffett has previously expressed concerns about derivatives, describing them as "financial weapons of mass destruction" and "time bombs" in his 2002 letter, as quoted by The Economic Times - Top News.

Brief written by urgent.news from CNBC, Premium Times, The Economic Times - Top News — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.