They'll sell off / spin-off the smaller businesses (which were held because of sentiment), simplify the business positions, and focus more on Abel's specializations. And Berkshire will lose some of the so-called Buffett premium. Impossible shoes to fill. They'll effectively break Berkshire up. A lot of that cash will go to stock buybacks as the Buffett premium vanishes.
I highly doubt that spin-offs will be a major part of Berkshire’s foreseeable future. Offering a permanent home for good businesses is one of Berkshire’s advantages when competing for acquisitions. Breaking up Berkshire would mean giving up on that competitive advantage.
