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Warren Buffett to Step Down as Berkshire Hathaway CEO at Year-End

His exit spotlights a legacy of long-term, fundamentals-first investing.

Overview

  • Buffett will leave the chief executive role at the end of the year after leading Berkshire since 1965.
  • Under his tenure, Berkshire’s per-share market value rose 5,502,284% through 2024 versus 39,054% for the S&P 500.
  • He is expected to stop writing Berkshire’s widely read annual shareholder letters, though he may still share market views.
  • His guidance emphasizes focusing on business quality over short-term stock moves and avoiding value traps.
  • He urges investors to treat market uncertainty as normal, stay alert to inflated prices, and view corrections as opportunities, reflecting his enduring optimism about America’s long-term trajectory.