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.
11 Articles
11 Articles
Steak Town USA: Buffett's fave steakhouse, Omaha legend Gorat's, is reinvesting in its own future - Flatwater Free Press
If you, like me, haven’t made your way into Gorat’s Steakhouse in years, I have a surprise for you: It’s time to go back. Gorat’s is good again. I went into this fourth installment of Steak Town USA not knowing exactly what I was going to find on the menu, but hoping to lean into the legend of Gorat’s and its most famous diner, the soon-to-be retiree Warren Buffett. What I found was a blend of the staples I remembered from the past — including…
Warren Buffett steps down from his Wall Street empire
It was a mark of respect. After Warren Buffett, who can lay claim to the title of the greatest investor of all time, told his army of loyal shareholders over the weekend that he was finally stepping down from the Berkshire Hathaway empire he has built over the last six decades, the firm’s shares fell 5 percent when trading opened on Wall Street. Buffett, however, is 94. It should not have come as a surprise to anyone that he was retiring. In fac…
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