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Uncle Warren signs off....


His apparent farewell letter, at least on behalf of his role at Berkshire. (Some interesting nuggests toward the end, I might add.)

https://www.berkshirehathaway.com/news/nov1025.pdf

Comments

  • Yes- thanks for that post.
  • Buffett is a shrewd and patient investor. Understatement maybe?

    A very sensible and level-headed individual. I wonder if he could have translated his skills over into the political forum. We don't have many such people as leaders.

    95 years old - god bless him.
  • Warren’s successor has to prove himself as the chairman. The Buffet premium on the stock is gone. Greg Abel, from what i read, is a very capable manager. We will miss Warren Buffet.
  • Sven said:

    Warren’s successor has to prove himself as the chairman. The Buffet premium on the stock is gone. Greg Abel, from what i read, is a very capable manager. We will miss Warren Buffet.

    Depending on how hard BRK tanks after Warren passes, I would be tempted to buy into it for the long term...
  • Warren will be the Chairman. Greg will become the CEO. Looking forward to the leadership transition because Greg has the skills that Berkshire needs at this time. Warren has never wanted to be an operator.
  • I've been wondering if WB let the portfolio go static and the cash build up to go out on a calm note and let Mr. Abel take the reins of a fresh horse. It will be interesting to see what transpires although it could just be business as usual.
  • edited November 11
    rforno said:

    Sven said:

    Warren’s successor has to prove himself as the chairman. The Buffet premium on the stock is gone. Greg Abel, from what i read, is a very capable manager. We will miss Warren Buffet.

    Depending on how hard BRK tanks after Warren passes, I would be tempted to buy into it for the long term...
    I can see that.

    Might be some value in breaking it up too. Seems like they've come a long way from Charlie Munger's theory of a few good ideas. Dinky linky.
  • edited November 11
    d

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