Warren Buffett, the iconic investor and chairman of Berkshire Hathaway, has announced that he will stop writing his famous annual letters to shareholders. At 95, he is stepping back from public updates but will continue sending a shorter Thanksgiving message.
Buffett’s chosen successor, Greg Abel, is set to take over as CEO by the end of the year. In his farewell note, Buffett reflected on his decades-long career, his personal friendships, and shared practical lessons on business and life.
His annual letters have long been valued not just for company insights but also for Buffett’s clear, humble wisdom. This marks the end of a notable era while ensuring a smooth transition of leadership at Berkshire Hathaway.
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