Buffett Completes Succession Plan
Berkshire Hathaway completes its succession plan: Warren Buffett becomes Chairman Emeritus, Howard Buffett takes the chair, and Greg Abel…
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The Rational Walk
Everything we have picked from this writer, newest first.
Greg Abel’s 2026 Letter to Shareholders
Greg Abel reaffirms Berkshire Hathaway’s annual-only CEO communication policy and pledges to preserve its decentralized culture while…
Greg Abel’s Unique Challenge
Greg Abel inherits Berkshire Hathaway’s decentralized culture and must strengthen underperforming subsidiaries without breaking the…
Warren Buffett’s Thanksgiving Letter
Warren Buffett will stop Berkshire’s annual-report letters and retire as CEO, leaving Greg Abel to lead while continuing annual…
Daily Journal Accused of Incorrect Accounting
Daily Journal faces an activist’s challenge to its software-cost accounting, with the investor seeking two board seats and up to $24…
What I’ve Been Reading
Mini reviews revisit Alice Schroeder’s Warren Buffett biography and Jonathan Clements’s collected personal-finance writing.
Greg Abel Steps into the Spotlight
Greg Abel becomes Berkshire Hathaway CEO in 2026, taking operational and capital-allocation authority as Warren Buffett remains chairman…
Warren Buffett’s Final Brushstrokes
Berkshire Hathaway will replace Warren Buffett as CEO with Greg Abel at year-end, while Buffett remains chairman and Abel assumes capital…
Berkshire Hathaway’s Diamond Anniversary
Berkshire Hathaway marks 60 years under Warren Buffett as board retirement rules and Buffett’s comments prepare shareholders for Greg…
Berkshire Hathaway’s 2025 Proxy Statement
Berkshire Hathaway’s 2025 proxy introduces an age-80 director limit, forcing Ronald Olson’s retirement while exempting Warren Buffett and…
Buffett & Munger Unscripted
Buffett & Munger Unscripted organizes three decades of Berkshire annual-meeting commentary on investing, governance and executive pay.
Warren Buffett on Berkshire’s Valuation
Berkshire Hathaway’s 2015 1.51x book value delivered a 13.4% annualized return through 2025, while Buffett warned that purchases near 2x…
Berkshire Hathaway’s 2024 Annual Report
Berkshire Hathaway ended 2024 with $318 billion of adjusted cash and $47.4 billion of operating earnings, led by insurance underwriting and…
Berkshire Hathaway’s Culture in 2050
Berkshire Hathaway’s post-Buffett culture will depend on Greg Abel and a shrinking family foundation’s voting control as Class A shares…
Staying the Course
Berkshire Hathaway ownership, rather than broad index funds, kept the investor committed through volatility, backed by trust in Buffett’s…
A Quarter Century of Investing
A value-oriented investor reports a 25-year record, arguing that only a full market cycle separates investing skill from luck.
