I’m unsure what number of of you comply with Warren Buffett and Berkshire Hathaway intently, however listed below are a few vital updates as a follow-up to the 2025 Annual Shareholder Assembly the place he introduced that he was stepping down as CEO on the finish of 2025:
- WSJ: Warren Buffett Reveals He Stepped Down After Lastly Feeling His Age (Reward Article). I suppose that is him taking the chance to clarify his shock announcement on the very finish of the Shareholder Assembly. I admire that he stepped down on his personal phrases, as at all times in a rational method and never egotistically staying on too lengthy.
- CNBC: Warren Buffett is not going to take the stage at subsequent 12 months’s Berkshire Hathaway shareholder assembly. I used to be stunned that he is not going to longer take part within the annual Q&A session, as many thought Abel/Buffett may share the stage like Buffett/Munger. Munger was Vice-Chairman of Berkshire, and Buffett remains to be Chairman.
As he’ll now not be CEO, I’m assuming because of this he can even not write something within the annual Letter to Shareholders, which implies that his public interactions can be severely restricted to no matter few interviews he grants, if any. The tip of an period.