Berkshire’s advice does not see Buffett’s successor as CEO pending, “says the principal director.” He is now assuming leadership capacity “

• Berkshire Hathaway Principal Director Sue Decker He says the heir of Buffett, Greg Abel, has been adopted by the Council and has been taking on a larger leadership role. Berkshire is home to her annual shareholders this weekend, and Buffett could talk about first -time rates since Trump’s “Liberation Day” announcement.

Berkshire Hathaway’s principal director Sue Decker said that the heir to the CEO of Warren Buffett is already going to the first place.

Berkshire’s CEO Hathaway Energy, Greg Abel, will take over the role of Buffett as CEO of the General Conglomerate.

“In the last year, the Council, really Greg and Warren, have moved from the preparation for success to really practice it,” said Decker to CNBC. “Greg has become much more involved in capital allocation decisions and I know he has gained the confidence of the Council and Warren in this.”

She added: “We don’t even see him as CEO, he is taking on leadership capacity right now.”

Buffett himself could address Abel’s role in the coming days. Berkshire Hathaway, called “Woodstock for capitalists” Saturday.

The Q&A will also give him the opportunity to comment on the recent market volatility, as President Donald Trump announced his rates called “Liberation Day” on April 2. It includes a 145% rate to Chinese imports, although he has made key exceptions and has put homework in another place in a 90 -day participation.

In early March, Buffet said CBS Long -term rates “are a tax on goods”, adding “I mean, the teeth fairy does not pay them!”

Investors are waiting for something more forceful this weekend.

“Because Berkshire has so many companies, they are basically in the first lines of everything in terms that the economy falls. Is it even worse than what the numbers already show?” Check Capital Management founder Steve Check said CNBC. “I hope, more than anything, talk about how to make the rates.”

It is unclear whether Buffett will make a statement on market prospects regarding rates, but their recent capital movements have suggested that it protects Bershire from a possible economic fall.

It Oracle From Omaha sold $ 134 billion in shares by 2024, ending the year with a cash pile of $ 334.2 billion. Also sold 67% of his position of action to Apple. The iPhone manufacturer who manufactures most of its US-used devices in China has seen its actions price sink almost 16% from the beginning of the year.

When asked why Berkshire has so much cash, Decker said that the company does not see cash as “sitting right there, we see it as a strategic asset.”

“When you think of what is happening right now in the world, there is really no other company in the world that has a strength of a balance that can also be used to help stabilize or provide liquidity if any significant relocation of the financial market occurred,” he told CNBC.

This story originally presented to Fortune.com