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Warren Buffett Steps Down from Berkshire Hathaway Citing Age-Related Reasons
Warren Buffett Steps Down from Berkshire Hathaway Citing Age-Related Reasons
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Warren Buffett has resigned from his position at Berkshire Hathaway, acknowledging the inevitable toll of aging. At 94, the legendary investor noted a gradual decline in his energy levels compared to his successor, Greg Abel. "There was no magic moment," Buffett remarked, reflecting on the subtle yet irreversible signs of aging—diminished balance, occasional memory lapses, and even the fading contrast of newspaper print.
The decision underscores a rare moment of vulnerability for the Oracle of Omaha, who only began feeling the weight of his years after turning 90. His candid admission—"aging is irreversible"—serves as a poignant footnote to his storied career.
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