Re: Warren Buffet takes early retirement

Ian J. Ball <ijball@mac.invalid> wrote:

On 5/4/25 8:29 AM, Adam H. Kerman wrote:

At a shareholders' meeting 5/3/2025, Warren Buffet announced that he's
retiring at the end of 2025. Berkshire Hathaway vice president Greg
Abel, who has been running portions of the company for years, was
designated as successor. Abel hasn't been managing insurance nor
directing where the enormous piles of cash go, so he'll take that over.

Buffet gave Abel the ultimate vote of confidence, by saying ne's keeping
his cash in the company.

Abel was not told in advance. Hahahahaha

https://apnews.com/article/warren-buffett-berkshire-hathaway-shareholders-annual-meeting-a421061233f99859673fb131ce020d4d

An "early retirement" at, what?, 90?!!   ;)

Early retirement prior to death. He'll be over 95 at the end of the
year. He probably still has time to found an all-new mega holding company.