Buffett enjoys cult status among his fans as the "Oracle of Omaha":
US investor Warren Buffett is giving up the operational leadership of his holding company ...
handelszeitung.ch/insurance/warren-buffett-will-mit-94-nicht-mehr-chef-sein-820536
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Warren Buffett Steps Down as Berkshire CEOAt age 94, Buffett plans to hand over Berkshire Hathaway’s leadership to Greg Abel by the end of the year.
Key FactsMay 11, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelszeitung.ch
Summary created with AI assistance · Source: handelszeitung.ch
- Warren Buffett will relinquish operational control of Berkshire Hathaway after more than five decades but remain board chairman.
- Greg Abel is set to succeed Buffett as CEO by the end of the year following Buffett’s shareholder announcement.
- Berkshire’s portfolio includes companies like Geico, BNSF, Dairy Queen, and stakes in Apple and Coca-Cola.
- Buffett expressed concerns over US trade policies, emphasizing the risks of using trade as a weapon.
The time has come.— Warren Buffett announced at the Berkshire Hathaway shareholders' meeting that he will no longer be the CEO.
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handelszeitung.ch/insurance/warren-buffett-will-mit-94-nicht-mehr-chef-sein-820536
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Key FactsWarren Buffett’s Unique Retirement Approach
May 27, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: thestreet.com
Summary created with AI assistance · Source: thestreet.com
- Warren Buffett is stepping down as Berkshire Hathaway CEO after six decades but intends to remain actively involved daily.
- He aims to give away 99% of his fortune and co-founded The Giving Pledge in 2010 to encourage billionaire philanthropy.
- Greg Abel, named successor, surpasses Buffett in daily productivity and management effectiveness.
- Buffett plans to use his experience to stay calm during market turmoil and continue contributing investment insights.
I will be useful here if there’s a panic in the market because I don’t get fearful when things go down in price or everybody else gets scared.— Warren Buffett explains why he will continue to go to the office even after stepping down as CEO.
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