End of an era at Berkshire Hathaway: Warren Buffett is preparing its outing

At 94, Warren Buffett is preparing for his release. In Omaha, he appointed his heir: Greg Abel. Discreet, faithful, methodical. The announcement, made in front of thousands of shareholders, turns a page. Berkshire Hathaway enters the post-buffett. The event does not mark an end. It is a passing, carefully thought out, between legendary prudence and new challenges. It is not every day that an empire changes hand, without trembling.

Berkshire Hathaway: an empire bequeathed in calm

Warren Buffett, the one announced his withdrawal from the scholarship last year, has always loved surprise without shocking. He still proved it this year in Omaha. On stage, he designates Greg Abel as next CEO. Simply. Directly. Without warning. Abel, vice-president of non-assurance activities, finds himself propelled to the head of the Empire. Buffett reassures ::

I will stay in the shadows, but Greg will have the last word.

At his side, Abel does not flinch. The room applauds a long time. Ron Olson, member of the council, confirms:

Greg is ready. We have known it for a long time.

Even skeptics recognize this. This succession had been prepared for years. Buffett has always preferred soft transitions to brutal ruptures. It is his trademark: the long -term strategyapplied to his own outing.

The board of directors will officially vote in the coming months. But the verdict is already known: it will be yes. Unanimously.

Warren Buffett: Lucidity, Symbols and Convictions

Behind the ad, there is a message. Buffett never liked unnecessary drums. He speaks little, but when he speaks, he delivers his truths. On stage, he denounces an American budgetary system which he deems ” unbearable ». He describes the economy as a ” Cathedral attached to a casino ».

The metaphor is telling: it is necessary Continue to build, not just to bet. Buffett keeps its actions. All. He declares:

It is an economic choice. I believe in Greg.

It remains, but more like a shadow than a torch. What worries him the most? The explosion of debts and tax drifts. And the market? He judges him nervous, little disciplined, more and more short-termist.

Buffett is the investor of the centurybut he sees this century starting from the way. So he transmits. And fades. But in his own way: continuing to invest with his convictions.

Greg Abel: Cap on the challenges of the century

Greg Abel does not arrive in an armchair. He inherits a powerful ship, but in the middle of a storm. Climate, debt, technology, regulation: everything moves. Everything accelerates. In energy, he already manages repeated fires. Literally. 1.1 billion losses related to fires in California. Risk management is crucial.

In finance, the bitcoin defies its benchmarks. Buffett said: “Rat poison”. Simon Lutz reminds him of X:

This poison is the attack on the international regulations bank.

The wick is lit, and Abel will have to walk on it without trembling. Buffett leaves him 348 billion cash. But also an ethics of rigorous investment. Here are the key figures of the moment:

• $ 348 billion: Berkshire reserves;
• 781 %: performance for Bitcoin since 2020;
• 150 %: Berkshire performance over the same period;
• $ 809,000: price of a class A action;
• 1 %: Tax on redemptions that slows down the buyback.

A message addressed to Wall Street

This transfer of power goes beyond Berkshire. It is A message to the world of finance. Grandpa capitalism passes its hand to capitalism under stress. Buffett remains a myth, but Abel becomes the keeper of the temple. No revolution announced, but continuity under pressure.

The context is loaded : unpredictable market, new regulations, invasive digital assets. But Berkshire keeps his principles: patience, discipline, cash. Abel will also have to face a different audience. Less patient. Less faithful. The time of life shareholders ends. The snapshot takes over.

And yet, Buffett believes in his choice. He says that The prospects will be better with Abel. He confesses:

I keep each action. It is not sentimental, it is rational.

The message is clear: the ship remains solid, even without its historic captain. The real question: Will Abel be able to stay himself while playing Buffett?

Warren Buffett is the kind of financier who knows how to sail in troubled waters. Recently, while the general trend is at stampede among wealthy people, against a background of pricing tensions, remained impassive to him. Result: $ 23.4 billion in personal gains.