Warren Buffett says he is 'going quiet' in final letter to shareholders
Share this @internewscast.com
Warren Buffett, in his annual message as chief executive of Berkshire Hathaway to shareholders – a tradition dating back to 1965 – said that he will be “going quiet” after he steps down at the end of this year. But the 95-year-old is not going away just yet.

Warren Buffett has decided to stop penning the introduction for Berkshire Hathaway’s annual report. However, he plans to continue delivering his yearly Thanksgiving message and will significantly increase his charitable contributions, distributing the $149 billion in Berkshire Hathaway shares he still owns.

Known as “The Oracle of Omaha,” Buffett has become a legendary figure in the investing world, amassing tremendous wealth while maintaining a down-to-earth image, largely through his shareholder letters. Though his investment decisions are scrutinized by investors globally, Buffett has made a name for himself as a staunch supporter of the American spirit and capitalism.

Berkshire Hathaway CEO Warren Buffett released his final letter to shareholders on November 10.(AP)

His investment approach hinges on a relentless quest for value, often leading Berkshire Hathaway to hold substantial cash reserves until an ideal opportunity presents itself.

In a financial landscape driven by the pursuit of quick profits, few CEOs have managed to garner the same level of trust and patience from investors as Buffett has.

Buffett expects the company to move on from him. But so much of Berkshire’s identity has become intertwined with its CEO. It’s hard to imagine the low-profile Greg Abel, for example, putting his face on a ketchup bottle to spur sales. Woodstock for capitalists might get just a little less festive from now on.
Share this @internewscast.com
You May Also Like

Protesters Launch Legal Battle Against Controversial Anti-Hate Speech Laws

in brief Pro-Palestinian protesters are challenging Queensland’s hate speech laws after arrests…
Regina Arthurell.

Investigation Uncovers Oversight Allowing Foster Children to Reside with Convicted Killer

Two Department of Communities and Justice (DCJ) workers have been suspended after…

Unveiling Australia’s Rarest Parenting Experience: A Behind-the-Scenes Look at the ‘Military Operation’ Approach

Raising triplets is no small feat, and parents facing this unique challenge…
Monster illicit tobacco haul uncovered in suitcase

Massive Illicit Tobacco Bust: Suitcase Yields Shocking Discovery

A record number of illegal vapes and tobacco products have been intercepted…
Minister for Health and Ageing and Minister for Disability and the NDIS Mark Butler ahead of an address to the National Press Club of Australia in Canberra on Wednesday 22 April 2026. fedpol Photo: Alex Ellinghausen

NDIS Implements Major Crackdown to Combat Fraud and Misuse

Health Minister Mark Butler delivered the sweeping changes in a National Press…

Unraveling the Peter Mandelson Controversy: What It Means for Keir Starmer’s Leadership

Since the revelation in September last year, United Kingdom Prime Minister Keir…
Millions of Aussies will commemorate Anzac Day this Saturday

Melbourne Nightclub Defends Controversial Anzac Day Event Amid Public Criticism: ‘It’s Within Legal Rights

A well-known nightclub is responding to criticism regarding its controversial decision to…
Eddie Osei-Nketia has recorded the fastest-ever 100 metre sprint time by any Australian in history

Meet the Record-Breaking Aussie Sprinter Who Achieved Lightning Speed Chasing His American Football Dream

Australia’s sprinting scene has found a new star in Eddie Osei-Nketia, who…

Iran Holds Off on US Peace Talks: Uncertainty Looms Over Potential Dialogue

in brief Iran has lifted and then reimposed its own blockade of…
UK to introduce lifelong smoking ban for anyone born after 2008

UK Implements Historic Smoking Ban: A Smoke-Free Future for Generations Born Post-2008

In a groundbreaking move, Britain has introduced legislation that permanently bans individuals…

Trump Extends Ceasefire Agreement with Iran: What It Means for Global Diplomacy

Transportation ministers from the European Union’s 27 member countries convened in Brussels…
Strait of Hormuz

Iran Escalates Tensions with Strategic Strait of Hormuz Assault: What This Means for Global Diplomacy

Iran fired on three ships in the Strait of Hormuz on Wednesday,…