Warren Buffett Steps Down as CEO of Berkshire Hathaway

Warren Buffett announced his plan to step down as the CEO of Berkshire Hathaway at the end of the year, with Greg Abel as his successor. This decision followed the release of Berkshire's earnings report, showing a 14% decrease in first-quarter operating profit. Despite the news, Berkshire's stock only experienced a slight decline in premarket trading. Buffett's cash pile grew to $348 billion, with no immediate deployment plans due to lack of suitable opportunities. The transition signals a well-prepared succession plan within the company.

Latest News

05-06

Post-Bell | U.S. Stocks Close Lower; Berkshire Hathaway Sinks 5%; Apple Drops 3%; Tesla Falls 2%; Skechers Surges 24%

05-06

Buffett to Remain Berkshire Chairman but Shares Fall After Abel Named CEO

05-06

Closing Bell | US Stocks Mixed, Berkshire Hathaway Drops 4.98%, Tesla Falls 2.42%

User Discussion

Tiger_CashBoostAccount

05-13

🎉Interview with PeteTan: Navigating the Waves of Investing

Hello Tigers,Today we are going to share @PeteTan , a cash boost account trader‘s in-depth investment journey. Hope his experiences can resonate with you.Read the story based on Pete’s first-person visual explanation: Navigating the Waves of Investing: A Journey of Perseverance and WisdomIf you have any points of interest, please leave a message to communicate with him.1. Personal Information Q&A• How long have you been involved in investing?My name is Pete, an investment portfolio manager on a mission to help working professionals grow their wealth through research-based, value-based investment strategy, with a focus on equities and options. I’ve been actively

🎉Interview with PeteTan: Navigating the Waves of Investing

InvestKaki

05-12

Sayonara, Warren Buffett

One of my favourite investment figure is retiring: Warren Buffett.And I can’t help but feel bittersweet about it.Throughout the years. Warren Buffett was a shining beacon on what investments should be - simple and ‘compounding’.In this week’s newsletter, I am dedicating it to his legacy and how he has influenced my journey!If there is a real story where it involves a cowboy riding off into the sunset, Warren Buffett’s one is top of the list.After 60 years helming Berkshire Hathaway with Charlie Munger, he is finally riding off with a hefty US$160 billion in net worth.His track record has been impeccable in Berkshire.It’s not even close how much Warren Buffett has outperformed the market.I still remember when I picked up the book he recommended, “Intelligent Investor”. Apparently, that book

Sayonara, Warren Buffett

Barcode

05-07

$Berkshire Hathaway(BRK.A)$ $Palantir Technologies Inc.(PLTR)$ $Hims & Hers Health Inc.(HIMS)$ 📰📊📅 The Week So Far: Legends Exit, Leaders Emerge 📅📊📰 Warren Buffett, the Oracle of Omaha, is stepping down as CEO of Berkshire Hathaway after more than 60 iconic years. At 94, he hands over the reins of a $1T+ empire built on patience, discipline, and 5,500,000% worth of compounded genius. $1 into $55,000. No hype, just history! 🚨📰🗞️ But Buffett isn’t the only headline… This week so far: 🪙 $BRK Buffett bows out 🕵️ $PLTR Palantir accelerates ↗️ $AMD stuns with guidance 🏎️ $RACE flexes pricing power 💊 $HIMS rebrands and rallies ⚡️ $CELH heats up with Alani Markets a

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Hope his experiences can resonate with you.Read the story based on Pete’s first-person visual explanation: <a href=\"https://ttm.financial/TW/434662625882184\" target=\"_blank\">Navigating the Waves of Investing: A Journey of Perseverance and Wisdom</a>If you have any points of interest, please leave a message to communicate with him.1. Personal Information Q&amp;A• How long have you been involved in investing?My name is Pete, an investment portfolio manager on a mission to help working professionals grow their wealth through research-based, value-based investment strategy, with a focus on equities and options. I’ve been actively","listText":"Hello Tigers,Today we are going to share <a href=\"https://ttm.financial/U/3546645607232105\">@PeteTan</a> , a cash boost account trader‘s in-depth investment journey. Hope his experiences can resonate with you.Read the story based on Pete’s first-person visual explanation: <a href=\"https://ttm.financial/TW/434662625882184\" target=\"_blank\">Navigating the Waves of Investing: A Journey of Perseverance and Wisdom</a>If you have any points of interest, please leave a message to communicate with him.1. Personal Information Q&amp;A• How long have you been involved in investing?My name is Pete, an investment portfolio manager on a mission to help working professionals grow their wealth through research-based, value-based investment strategy, with a focus on equities and options. I’ve been actively","text":"Hello Tigers,Today we are going to share @PeteTan , a cash boost account trader‘s in-depth investment journey. Hope his experiences can resonate with you.Read the story based on Pete’s first-person visual explanation: Navigating the Waves of Investing: A Journey of Perseverance and WisdomIf you have any points of interest, please leave a message to communicate with him.1. Personal Information Q&A• How long have you been involved in investing?My name is Pete, an investment portfolio manager on a mission to help working professionals grow their wealth through research-based, value-based investment strategy, with a focus on equities and options. I’ve been actively","images":[{"img":"https://community-static.tradeup.com/news/f73ac951c889da4f68b813dbad738006"},{"img":"https://community-static.tradeup.com/news/e3ad554b4641bf308b00a630de71b72d"},{"img":"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":58,"commentSize":0,"repostSize":6,"link":"https://ttm.financial/post/434693519732808","isVote":1,"tweetType":1,"viewCount":12520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},{"id":434240118874184,"gmtCreate":1747020501101,"gmtModify":1747022917808,"author":{"id":"3556084865069319","authorId":"3556084865069319","name":"InvestKaki","avatar":"https://community-static.tradeup.com/news/536a1f15cd13b340a71a6e08d1b3a102","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556084865069319","idStr":"3556084865069319"},"themes":[],"title":"Sayonara, Warren Buffett","htmlText":"One of my favourite investment figure is retiring: Warren Buffett.And I can’t help but feel bittersweet about it.Throughout the years. Warren Buffett was a shining beacon on what investments should be - simple and ‘compounding’.In this week’s newsletter, I am dedicating it to his legacy and how he has influenced my journey!If there is a real story where it involves a cowboy riding off into the sunset, Warren Buffett’s one is top of the list.After 60 years helming Berkshire Hathaway with Charlie Munger, he is finally riding off with a hefty US$160 billion in net worth.His track record has been impeccable in Berkshire.It’s not even close how much Warren Buffett has outperformed the market.I still remember when I picked up the book he recommended, “Intelligent Investor”. Apparently, that book","listText":"One of my favourite investment figure is retiring: Warren Buffett.And I can’t help but feel bittersweet about it.Throughout the years. Warren Buffett was a shining beacon on what investments should be - simple and ‘compounding’.In this week’s newsletter, I am dedicating it to his legacy and how he has influenced my journey!If there is a real story where it involves a cowboy riding off into the sunset, Warren Buffett’s one is top of the list.After 60 years helming Berkshire Hathaway with Charlie Munger, he is finally riding off with a hefty US$160 billion in net worth.His track record has been impeccable in Berkshire.It’s not even close how much Warren Buffett has outperformed the market.I still remember when I picked up the book he recommended, “Intelligent Investor”. Apparently, that book","text":"One of my favourite investment figure is retiring: Warren Buffett.And I can’t help but feel bittersweet about it.Throughout the years. Warren Buffett was a shining beacon on what investments should be - simple and ‘compounding’.In this week’s newsletter, I am dedicating it to his legacy and how he has influenced my journey!If there is a real story where it involves a cowboy riding off into the sunset, Warren Buffett’s one is top of the list.After 60 years helming Berkshire Hathaway with Charlie Munger, he is finally riding off with a hefty US$160 billion in net worth.His track record has been impeccable in Berkshire.It’s not even close how much Warren Buffett has outperformed the market.I still remember when I picked up the book he recommended, “Intelligent Investor”. Apparently, that book","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/434240118874184","isVote":1,"tweetType":1,"viewCount":1703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":432549460173592,"gmtCreate":1746608615448,"gmtModify":1746676936108,"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4171900329979952","idStr":"4171900329979952"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BRK.A\">$Berkshire Hathaway(BRK.A)$</a> <a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> <a href=\"https://ttm.financial/S/HIMS\">$Hims &amp; Hers Health Inc.(HIMS)$</a> 📰📊📅 The Week So Far: Legends Exit, Leaders Emerge 📅📊📰 Warren Buffett, the Oracle of Omaha, is stepping down as CEO of Berkshire Hathaway after more than 60 iconic years. At 94, he hands over the reins of a $1T+ empire built on patience, discipline, and 5,500,000% worth of compounded genius. $1 into $55,000. No hype, just history! 🚨📰🗞️ But Buffett isn’t the only headline… This week so far: 🪙 $BRK Buffett bows out 🕵️ $PLTR Palantir accelerates ↗️ $AMD stuns with guidance 🏎️ $RACE flexes pricing power 💊 $HIMS rebrands and rallies ⚡️ $CELH heats up with Alani Markets a","listText":"<a href=\"https://ttm.financial/S/BRK.A\">$Berkshire Hathaway(BRK.A)$</a> <a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> <a href=\"https://ttm.financial/S/HIMS\">$Hims &amp; Hers Health Inc.(HIMS)$</a> 📰📊📅 The Week So Far: Legends Exit, Leaders Emerge 📅📊📰 Warren Buffett, the Oracle of Omaha, is stepping down as CEO of Berkshire Hathaway after more than 60 iconic years. At 94, he hands over the reins of a $1T+ empire built on patience, discipline, and 5,500,000% worth of compounded genius. $1 into $55,000. No hype, just history! 🚨📰🗞️ But Buffett isn’t the only headline… This week so far: 🪙 $BRK Buffett bows out 🕵️ $PLTR Palantir accelerates ↗️ $AMD stuns with guidance 🏎️ $RACE flexes pricing power 💊 $HIMS rebrands and rallies ⚡️ $CELH heats up with Alani Markets a","text":"$Berkshire Hathaway(BRK.A)$ $Palantir Technologies Inc.(PLTR)$ $Hims & Hers Health Inc.(HIMS)$ 📰📊📅 The Week So Far: Legends Exit, Leaders Emerge 📅📊📰 Warren Buffett, the Oracle of Omaha, is stepping down as CEO of Berkshire Hathaway after more than 60 iconic years. At 94, he hands over the reins of a $1T+ empire built on patience, discipline, and 5,500,000% worth of compounded genius. $1 into $55,000. No hype, just history! 🚨📰🗞️ But Buffett isn’t the only headline… This week so far: 🪙 $BRK Buffett bows out 🕵️ $PLTR Palantir accelerates ↗️ $AMD stuns with guidance 🏎️ $RACE flexes pricing power 💊 $HIMS rebrands and rallies ⚡️ $CELH heats up with Alani Markets a","images":[{"img":"https://community-static.tradeup.com/news/cecdcf4d084646f5e32413225070c932","width":"1536","height":"1024"},{"img":"https://community-static.tradeup.com/news/b11fca1eead25bf2a060890876e4dba2","width":"1152","height":"583"},{"img":"https://community-static.tradeup.com/news/fe772db995c1bc1856763a15c6d9b640","width":"1151","height":"582"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":9,"repostSize":15,"link":"https://ttm.financial/post/432549460173592","isVote":1,"tweetType":1,"viewCount":2286,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4188935849096462","authorId":"4188935849096462","name":"Mig","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"4188935849096462","idStr":"4188935849096462"},"content":"thanks for sharing BC 🙂 quite an interesting week so far... couldn't agree more","text":"thanks for sharing BC 🙂 quite an interesting week so far... couldn't agree more","html":"thanks for sharing BC 🙂 quite an interesting week so far... couldn't agree more"}],"imageCount":3,"langContent":"EN","totalScore":0}]}