Nvidia's success depends on the CEO? Warren Buffett teaches that it's not necessarily so

The article compares Berkshire Hathaway's success after Warren Buffett's retirement with the dependence of Nvidia and Tesla on their CEOs. Berkshire's stock rose about 12.5% since Buffett stepped down, outperforming the S&P 500, and the company bought back $9.6 billion in shares. The article questions whether Nvidia and Tesla can continue to succeed without their founders.

The article compares Berkshire Hathaway's success after Warren Buffett's retirement with the dependence of Nvidia and Tesla on their CEOs. Berkshire's stock rose more than 10% in the past month and about 12.5% since Buffett stepped down as CEO at the start of the year, outperforming the S&P 500. Greg Abel, who replaced Buffett, bought back $9.6 billion in shares in the third quarter and increased the stake in Alphabet. The article notes that Berkshire's diversified business structure and $377 billion in cash provide resilience. In contrast, the recent Nvidia episode highlights the reputational risk of CEO dependence, and a similar question arises regarding Tesla and Elon Musk. The article concludes by asking whether Nvidia and Tesla's innovation and technological advantage can survive without their founders.