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Warren Buffett officially retires as Berkshire Hathaway's CEO (www.npr.org)

submitted 5 days ago by MicroWave@lemmy.world to c/economics@lemmy.world

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The "Oracle of Omaha" has officially retired. Mostly.

At age 95, legendary investor Warren Buffett stepped down on Wednesday as CEO of Berkshire Hathaway, the once-failing textile business he spent 60 years building into one of the world's largest and most powerful companies.

Today marks another step in Buffett's long — and still partial — goodbye from Berkshire Hathaway. It's the first day under Buffett's longtime deputy and handpicked successor, Greg Abel.

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[–] DrFistington@lemmy.world 0 points 5 days ago (1 children)

Now just fucking die already

[–] 11111one11111@lemmy.world 2 points 5 days ago

How to tell someone knows nothing about investing, political funding, economics and personal finance strategies without saying they know nothing about investing, political funding, economics and personal finance strategies?

Assuming your deathwish for Buffet is derived from the fuck billionaires sentiment, can you tell me what political legislation, regulations, and political figures the Buffet family contributes to? Because unlike the other 99% of billionaires, that list is almost unanimously aligned with all things left of center in every way shape and form including, specifically relevant, raising the tax % for billionaires. Subsequent question, do you know the financial hit those programs and politicians will take if you took away the Buffet contributions?