No. of Recommendations: 8
Abel might delegate the stock picking responsibilities to Ted and Todd, while he focuses on operations and other big picture capital allocation decisions like amount of cash, share purchases, dividends etc.
That might be the best use of his time, skills and interest. Unlike Buffett, he may not be interested in reading hundreds of pages of company financial reports. With the many problems faced by BNSF and energy businesses, his time maybe better spent monitoring them.
What Buffett does as CEO, is unsustainable. I doubt any one person can do what he does with massive size and scale of Berkshire today.