Warren Buffett on Monday assured Berkshire Hathaway shareholders they should stick around as he prepares to depart as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder.
In a letter to Berkshire shareholders, likely his last before he steps down at the year-end, the 95-year-old Buffett said he would be “going quiet” as Abel takes the lead in communicating with them.
Buffett also downplayed recent declines in Berkshire’s…Warren Buffett on Monday assured Berkshire Hathaway shareholders they should stick around as he prepares to depart as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder.
In a letter to Berkshire shareholders, likely his last before he steps down at the year-end, the 95-year-old Buffett said he would be “going quiet” as Abel takes the lead in communicating with them.
Buffett also downplayed recent declines in Berkshire’s…  Read More ​Business – South China Morning Post