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09-18

the legend i always look up to

Warren Buffett Steps Down as Berkshire Hathaway Chairman. Here’s His Final Message

Warren Buffett is stepping down as chairman of Berkshire Hathaway effective immediately.

Warren Buffett Steps Down as Berkshire Hathaway Chairman. Here’s His Final Message

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Here’s His Final Message","url":"https://stock-news.laohu8.com/highlight/detail?id=2668942707","media":"Dow Jones","summary":"Warren Buffett is stepping down as chairman of Berkshire Hathaway effective immediately.","content":"<html><head></head><body><p style=\"text-align: start;\">Warren Buffett will step down as the chairman of <a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> effective immediately, the company announced Friday.</p><p>His son, Howard—a Berkshire director since 1993—will replace him as chairman. Warren Buffett will now serve as chairman emeritus of the company and remain a member of the board.</p><p>The move came a little more than nine months after Buffett retired as CEO of Berkshire and was replaced by Greg Abel. Buffett wrote in a letter to shareholders on Friday that the timing to step down as chairman was right as Abel had been “making the decisions that matter for some time” and had exceeded his expectations as head of the company.</p><p>“Greg runs the company; Howard will guard its culture and values—both worth more than anything on our balance sheet. Think of Howard as a policy the shareholders own and hope never to claim against,” Buffett wrote.</p><p>At the time of his resignation, Buffett was the controlling shareholder with a a 30% voting interest. Now 96, Buffett has said he wants give away all his Berkshire stock—a 13% stake worth more than $140 billion—by 2034.</p><p>“Serving as your chairman has been the privilege of a lifetime, and I have never taken your trust for granted. Father Time always wins,” Buffett wrote. “The company is in excellent hands, and I look forward to remaining a shareholder alongside you.”</p><p>Berkshire said Susan Decker, a board member since 2007, will continue to serve as lead independent director.</p><p>Berkshire’s Class A shares, which ended Thursday at $763,936, have risen 1.2% this year coming into Friday’s session but have underperformed the S&amp;P 500.</p><p>Under Abel’s leadership, Berkshire has boosted stock repurchases but hasn’t made many major new investments. The company’s huge cash position totaled about $365 billion on June 30, down from around $380 billion on March 31.</p><p>“Warren’s impact on Berkshire and its owners is without parallel in the history of American business. The culture Warren built and the values he championed will remain at the heart of Berkshire, and Howard will be their guardian,” Abel wrote in a company statement Friday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dd740897001834eaf250342e79f9b709\" tg-width=\"1218\" tg-height=\"2911\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett Steps Down as Berkshire Hathaway Chairman. 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Here’s His Final Message\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-09-18 21:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Warren Buffett will step down as the chairman of <a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> effective immediately, the company announced Friday.</p><p>His son, Howard—a Berkshire director since 1993—will replace him as chairman. Warren Buffett will now serve as chairman emeritus of the company and remain a member of the board.</p><p>The move came a little more than nine months after Buffett retired as CEO of Berkshire and was replaced by Greg Abel. Buffett wrote in a letter to shareholders on Friday that the timing to step down as chairman was right as Abel had been “making the decisions that matter for some time” and had exceeded his expectations as head of the company.</p><p>“Greg runs the company; Howard will guard its culture and values—both worth more than anything on our balance sheet. Think of Howard as a policy the shareholders own and hope never to claim against,” Buffett wrote.</p><p>At the time of his resignation, Buffett was the controlling shareholder with a a 30% voting interest. Now 96, Buffett has said he wants give away all his Berkshire stock—a 13% stake worth more than $140 billion—by 2034.</p><p>“Serving as your chairman has been the privilege of a lifetime, and I have never taken your trust for granted. Father Time always wins,” Buffett wrote. “The company is in excellent hands, and I look forward to remaining a shareholder alongside you.”</p><p>Berkshire said Susan Decker, a board member since 2007, will continue to serve as lead independent director.</p><p>Berkshire’s Class A shares, which ended Thursday at $763,936, have risen 1.2% this year coming into Friday’s session but have underperformed the S&amp;P 500.</p><p>Under Abel’s leadership, Berkshire has boosted stock repurchases but hasn’t made many major new investments. The company’s huge cash position totaled about $365 billion on June 30, down from around $380 billion on March 31.</p><p>“Warren’s impact on Berkshire and its owners is without parallel in the history of American business. The culture Warren built and the values he championed will remain at the heart of Berkshire, and Howard will be their guardian,” Abel wrote in a company statement Friday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dd740897001834eaf250342e79f9b709\" tg-width=\"1218\" tg-height=\"2911\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0251142724.SGD":"Fidelity America A-SGD","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU2102340556.USD":"AZ ALLOCATION - RISK PARITY FACTOR \"A\" (USD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","BK4588":"碎股","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","XLF":"金融ETF","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4581":"高盛持仓","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BRKC":"YieldMax BRK.B Option Income ETF","IYG":"iShares U.S. Financial Services ETF","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0971096721.USD":"富达环球金融服务 A","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BRKD":"Direxion Daily BRKB Bear 1X Shares","IYF":"金融指数ETF-iShares Dow Jones","BK4585":"ETF&股票定投概念","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4534":"瑞士信贷持仓","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","09777":"南方两倍做多伯克希尔-U","DFNL":"Davis Select Financial ETF","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","BRKL":"2倍做多BRK.B ETF-Corgi","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BRK.A":"伯克希尔","BRKU":"2倍做多BRKB ETF-Direxion","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","BK4176":"多领域控股","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BRK.B":"伯克希尔B","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IXG":"全球金融业ETF-iShares","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","BRKW":"Roundhill BRKB WeeklyPay™ ETF","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","UYG":"两倍做多金融股ETF-ProShares","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","07777":"南方两倍做多伯克希尔","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","TRUF":"VanEck Financials TruSector ETF","FNCL":"Fidelity MSCI Financials Index ETF","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","VFH":"Vanguard Financials ETF","BK4550":"红杉资本持仓"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2668942707","content_text":"Warren Buffett will step down as the chairman of Berkshire Hathaway effective immediately, the company announced Friday.His son, Howard—a Berkshire director since 1993—will replace him as chairman. Warren Buffett will now serve as chairman emeritus of the company and remain a member of the board.The move came a little more than nine months after Buffett retired as CEO of Berkshire and was replaced by Greg Abel. Buffett wrote in a letter to shareholders on Friday that the timing to step down as chairman was right as Abel had been “making the decisions that matter for some time” and had exceeded his expectations as head of the company.“Greg runs the company; Howard will guard its culture and values—both worth more than anything on our balance sheet. Think of Howard as a policy the shareholders own and hope never to claim against,” Buffett wrote.At the time of his resignation, Buffett was the controlling shareholder with a a 30% voting interest. Now 96, Buffett has said he wants give away all his Berkshire stock—a 13% stake worth more than $140 billion—by 2034.“Serving as your chairman has been the privilege of a lifetime, and I have never taken your trust for granted. Father Time always wins,” Buffett wrote. “The company is in excellent hands, and I look forward to remaining a shareholder alongside you.”Berkshire said Susan Decker, a board member since 2007, will continue to serve as lead independent director.Berkshire’s Class A shares, which ended Thursday at $763,936, have risen 1.2% this year coming into Friday’s session but have underperformed the S&P 500.Under Abel’s leadership, Berkshire has boosted stock repurchases but hasn’t made many major new investments. The company’s huge cash position totaled about $365 billion on June 30, down from around $380 billion on March 31.“Warren’s impact on Berkshire and its owners is without parallel in the history of American business. 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