Warren Buffett Announces Retirement, Signaling Caution to Wall Street
Warren Buffett, the legendary CEO of Berkshire Hathaway, has revealed plans to retire from his role in three months, marking the end of a six-decade career that reshaped modern investing. His departure comes as Berkshire's Class A shares boast a staggering 6,000,000% cumulative gain under his leadership.
Greg Abel, Buffett's designated successor, has pledged to maintain the company's long-term value investing philosophy. Yet the Oracle of Omaha leaves behind more than just a succession plan—his recent $177 billion stock selloff serves as a sobering warning to markets.
Berkshire's shrinking equity portfolio, detailed in quarterly 13F filings, contrasts sharply with Buffett's trademark Optimism about America's economic future. The divergence between his rhetoric and actions has left analysts parsing his bearish signals as the transition looms.