(Photo | AFP)
Quick Take

Quick Take | For future Buffetts

The Sage of Omaha has hung his boots. The CEO position is set to go to Greg Abel who previously headed Berkshire’s non-insurance operations

Express News Service

The final day of 2025 saw a curious coincidence of numbers in the investment world. As Warren Buffett stepped down as CEO of Berkshire Hathaway after 60 years at the helm, shares of his investment firm slid $600 or 0.1 percent. In these decades, the Sage of Omaha’s steady hand delivered an unprecedented 60,00,000-plus percent return to investors—more than 130 times the S&P500’s. His focus on long-term investing and not avoiding industries out of fashion with other investors are lessons his legions of fans have taken to heart. Buffett often stated he was a product of the Great Depression. Let’s hope today’s generation will learn from the polycrises engulfing our fractious world to deliver something as durable and rewarding.

LIVE | Iran says it 'won't negotiate' with US; Israel labels Khamenei's successor a ‘target for assassination’

May seem ordinary election for others, but 'oceanic emotion for me': TVK chief Vijay at Thanjavur

Canada PM says Israeli-US strikes on Iran 'inconsistent with international law'

Sabarimala gold loss case: Vigilance court grants statutory bail to ex-TDB president Padmakumar

Police register FIRs against NC MP, former Srinagar mayor over social media posts on Khamenei's killing

SCROLL FOR NEXT