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Steak Town USA: Buffett's fave steakhouse, Omaha legend Gorat's, is reinvesting in its own future - Flatwater Free Press

  • Warren Buffett announced his retirement as CEO of Berkshire Hathaway during the May 3, 2025 shareholder meeting in Omaha, Nebraska.
  • Buffett, aged 94, has led Berkshire for over 55 years, growing its shares at nearly double the S&P 500’s rate between 1964 and 2024.
  • His leadership emphasized long-term vision, patience, and emotional discipline, helping the company navigate multiple financial crises and market cycles.
  • Buffett described investing as requiring emotional control, advising, "You have to check your emotions at the door," and highlighted the importance of focusing on positive influences.
  • Greg Abel is set to succeed Buffett by the end of 2025, though replacing Buffett’s unique mindset remains a challenge for the company’s future.
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SUCCESS broke the news in on Tuesday, May 6, 2025.
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