Buffett Steps Down: Will Berkshire Still be The Best Defensive Stock?
I’ve never seen Warren Buffett in action—no boardroom meetings, no handshakes over billion-dollar deals—but somehow, his presence feels impossible to ignore. Reading about him is like stumbling into a masterclass in patience, discipline, and quiet brilliance. The news that he’s stepping down as CEO of Berkshire Hathaway at the end of the year feels surreal. Here’s a man who turned a struggling textile company in 1965 into a trillion-dollar powerhouse, and now, he’s passing the torch.
Berkshire Hathaway (BRK.A)
What strikes me most isn’t just the numbers—his personal net worth is estimated at $151 billion, and Berkshire’s market value exceeds $1 trillion—but the way he’s done it. Buffett has a knack for explaining complicated ideas simply, dropping quotes that stick in your head: “Risk comes from not knowing what you’re doing,” or “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” Reading them, I can almost hear him speaking directly to me, urging me to think differently about money, business, and even life.
I’m confident in Buffett’s successor. From what I’ve seen, the company culture he built—rooted in integrity, patience, and long-term thinking—seems strong enough to endure. Yet, there’s a part of me that can’t ignore the reality: change is the only constant. Even giants evolve when leadership shifts. Could Berkshire, like Apple under Tim Cook, thrive even more under new leadership? It’s hard to say, but it’s exciting to imagine the possibilities.
Buffett’s retirement feels like the closing of a chapter, but not the end of the story. His legacy is already written in the company he built and the millions he’s inspired with his words. I may not have witnessed his rise firsthand, but following his journey now has its own thrill—like watching a legend in slow motion, from the outside, yet still feeling the impact of every decision he made.
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