UBS: Berkshire Hathaway still has an advantage, even if Buffett is preparing to exit, it remains attractive.

UBS research report indicates that even if Warren Buffett is preparing to step down, Berkshire Hathaway's "permanent capital" and its structural advantage of using vast business information to assist investment decisions still exist. The legendary investor announced last Saturday that he plans to step down as CEO at the end of the year, passing the baton to Greg Abel; however, the company stated on Monday that he will continue to serve as chairman. UBS analysts stated, "Buffett leaves behind a company with decreased reliance on his investment abilities, with a range of leading businesses with strong cash flow." These analysts added that although the stock may face some short-term pressure after the news, they believe that in the uncertain macroeconomic environment, this massive conglomerate still remains attractive.