Warren Buffett’s Emotional Farewell: “I’m going quiet”

Whether you are a novice or a pro in the financial market, you must have heard of the one and only Warren Buffett!

Warren Buffett, one of the most admired investors in history, has written his final annual letter to Berkshire Hathaway shareholders. The 95-year-old billionaire announced that he will stop writing the annual reports and step down as CEO, marking the end of an era for the investing world.

Instead of a typical financial note, Warren Buffett’s letter felt like a warm conversation with friends, full of gratitude, wisdom, and simple life lessons shaped by decades in Omaha and a lifetime of long-term thinking.

A Gentle Goodbye to an Iconic Tradition

Warren Buffett with Greg Abel

After decades of sharing annual wisdom through Berkshire’s much-awaited shareholder letters, Warren Buffett has decided it’s time to step back: “I will no longer be writing Berkshire’s annual report or talking endlessly at the annual meeting… I’m ‘going quiet.’ Sort of.”

The legendary investor emphasized that while he’s stepping away from these traditions, he will still send his beloved Thanksgiving messages, a small tradition he’s not ready to let go of.

Passing the Torch to Greg Abel

Warren Buffett confirmed he will retire as CEO at the end of this year, and Greg Abel, long seen as his natural successor, will take over leadership of Berkshire Hathaway. Buffett praised Abel warmly: “I can’t think of a CEO, a management consultant, an academic, a member of government, you name it, that I would select over Greg.”

Warren Buffett also plans to hold onto his A-shares long enough to ensure shareholders feel secure and confident under Abel’s leadership.

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A Life Built in Omaha

The letter wasn’t just about business, it was a love letter to Omaha, where Buffett was born, raised, and built his fortune.

He reminisced about surviving a near-fatal medical emergency as a child, and about the bonds he shared with Charlie Munger, his closest friend and business partner: “Charlie had a huge impact on me… We had differences, but never had an argument.”

Buffett celebrated his hometown for shaping his personal values and business legacy: “Both Berkshire and I did better because of our base in Omaha than if I had resided anywhere else.”

A Message for His Children And for All of Us

Buffett’s reflections extended to his three children. His advice was filled with humility and tenderness: “They do not need to perform miracles nor fear failures… They simply need to improve somewhat upon what is generally achieved.”

Buffett plans to accelerate charitable giving, ensuring his wealth supports foundations run by his children and honors the legacy of his late wife, Susan.

Wisdom from a Lifetime of Learning

Even in his farewell, Buffett offered timeless advice: “Don’t beat yourself up over past mistake. It is never too late to improve. Get the right heroes and copy them.” it is simple, wise and human  just as his letters have always been.

What Comes Next

Buffett will continue sharing Thanksgiving notes, spend time with family, and leave behind a powerful legacy of long-term investing, trust, and generosity.

The investing world may see less of him, but his philosophy will continue to guide generations. As Buffett steps away, one thing remains clear: He may be going quiet, but his voice will echo for decades.

Disclaimer:

This article is based on publicly available information and is written for informational  purposes only. It does not constitute financial advice or investment recommendation. Always conduct your own research or consult a financial advisor before making investment decisions.