Warren Buffett Biography Flash a weekly Biography.
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Warren Buffett, the 95-year-old Oracle of Omaha, capped six decades as Berkshire Hathaway CEO on December 31st, officially handing the reins to Greg Abel on January 1st, as confirmed by Fox Business, NPR, and Berkshire Hathaway itself. Shares dipped 1.5 percent that Friday, per Fox Business, signaling investor jitters despite Buffetts glowing praise in his November shareholder letterhe called Abel a tireless worker who understands Berkshire better than he does now, and vowed the company has a better shot at lasting 100 years than any other, according to CNBC.
No public appearances or social media posts from Buffett in the past few dayshes staying low-key, planning to remain chairman, hit the office daily, and pen annual letters, KUCB reports. Business buzz centers on Berkshires massive 382 billion cash pile, up from sales of Apple shares, with speculation swirling on whether Abel will deploy it for mega-deals in energy or infrastructure, or even dividends, as MarketMinute analysts predict. Fox Business notes last years 10.9 percent gain under Buffett, while 247 Wall St highlights how Apple, American Express, and Bank of America now dominate nearly 50 percent of holdings.
In the last 24 hours, no major headlines, but Trustnet on January 5th speculated Buffett may have outsmarted markets again, pivoting from capital-light tech to heavy assets like data centersjust as hyperscalers pour cash into AI-driven infrastructure, positioning Berkshire perfectly for the shift. This could etch his final biographical masterstroke.
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