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I was in the room when Warren Buffett said he would resign

2025-05-03T18: 53: 13Z

  • I was in the room when Warren Buffett was shocked by the world by announcing his plans to step down as an executive president.
  • The audience was silent, but gathered to give the investor two permanent applause.
  • The President of Berkchire Hathaway said that he had not reached his board of directors or his successor early.

I was in the room when Warren Buffett said he would step down as an executive president at the end of this year, which represents the end of a wonderful period that lasted for nearly six decades.

The legendary investor and Perksheer Hathaway issued a sudden announcement in the closing minutes of nearly five hours questions and answers on Saturday at his annual meeting in Umaha.

The packed stadium was surprised in silence. The Executive Director of the Tal Tal K&P 500, who took over the first job in 1970 and built Berkshire from a failed woven company to a trillion dollars known all over the world, was removed.

It looked as if Buffett, 94, seemed to last for a few years, given the severity of mentally, as it seemed throughout the morning as he presented questions about everything from customs tariffs and a huge cashme in Berkshire to government spending and life advice.

He revealed that Berkshire’s board of directors – regardless of two of his three children – did not inform him of his planned sitting next to him, Greg Abel.

Once Buffett finishes speaking, the crowd jumped to his feet to make a loud applause to a man who meant many of them.

Thousands of shareholders in Buffett increased again and they were preparing to leave the theater, which led him to a joke that their praise could be explained either as admiration or relief that he was resigning.

The atmosphere turned into sadness and disbelief, as the spectators dealt with what happened just and began its historical importance in adhering.

The conversations erupted as soon as Pavite left the theater and the spotlight appeared when the atavists turned to each other to analyze the news. There was a fixed drone on the field where people spoke through their emotions and the consequences of advertising.

Puffett said that although his successor will have the last word, he assured the public that it is possible “He still hangs out and is useful.”

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