Warren Buffett’s Berkshire Hathaway Farewell
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The legendary investor, dubbed the Orace of Omaha for his money-spinning stock picks over the years, announced the move in his Thanksgiving message that he says will now become an annual tradition.
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead as Father Time catches up with the 95-year-old icon, but he reassured them that he remains confident in his
Warren Buffett on Monday gave a full-throated endorsement to Greg Abel, who will replace him as Berkshire Hathaway's chief executive in January, and said he will continue holding a significant number of Berkshire shares to reassure shareholders about the changeover.
Warren Buffett shares his thoughts on his career and Berkshire’s future in a letter.
While Berkshire turned in a strong quarter, the biggest takeaway continues to be Buffett's reluctance to buy stock, including his own. Buffett is set to hand off his investing duties to Greg Abel next year, and he's not making any big splashes on the way out.