‘I Am Going Quiet’: Warren Buffett Pens Farewell Letter to Berkshire Hathaway Shareholders
Warren Buffett, 95, will end his CEO role and annual report duties, naming Greg Abel as successor to lead Berkshire Hathaway into the future.
- On November 10, 2025, Warren Buffett wrote a farewell letter announcing he will step down as Berkshire Hathaway CEO by the end of 2025 and stop writing the annual report and speaking at the annual meeting.
- After turning 90, Warren Buffett reflected on his life and a 1938 near-death episode in Omaha, Nebraska, saying he is `going quiet` with reduced public duties.
- He also said he will retain a large stake by keeping a significant amount of his class-A shares until shareholders accept Greg Abel, with his children and Berkshire directors fully supporting the transition.
- Markets will watch closely because Berkshire Hathaway shareholders follow Buffett's annual letters and farewell letter, while investors recall Berkshire stock fell 50% or more thrice but always recovered, Buffett urged patience.
- Even after stepping down, Warren Buffett will continue sending Thanksgiving messages and urged humility for future Berkshire CEOs, hoping for only five or six over the next century.
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‘I am going quiet’: Warren Buffett pens farewell letter to Berkshire Hathaway shareholders
Warren Buffett, the CEO of Berkshire Hathaway penned a farewell letter to the shareholders of his company announcing that he will no longer write annual reports at the meetings. He reflected his life in Omaha and wrote about successor Greg Abel.
Warren Buffett’s farewell letter to Berkshire Hathaway shareholders: ‘I’m going quiet’ - Key takeaways
Warren Buffett announced that he will stop writing annual reports and step down as CEO of Berkshire Hathaway, with Greg Abel to succeed him. He reflected on his life in Omaha and expressed gratitude for his family.
In one of its letters to shareholders such as the Berkshire Hataway CEO, Warren Buffett announced that he intends to speed up plans for just a large part of his personal fortune - estimated in US$ 150 bilh is-s background is to fill his children's tr points. Read more (11/12/2025
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