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🚨BERKSHIRE HATHAWAY'S TRANSITION: BUFFETT TO STEP DOWN, SAYS FISCAL RISKS GROWING 🔹Buffett Steps Down: Warren Buffett, 94, to retire as CEO by year-end; Greg Abel named successor. 🔹Era Ends: Buffett transformed Berkshire into a $1.1T empire over 60 years. 🔹Currency Warning: Berkshire may shift holdings if USD weakens; Buffett said "we wouldn't want to own anything in a collapsing currency." 🔹US Economy: Called America the best place to invest but warned of unsustainable fiscal deficit. 🔹Investing Strategy: Berkshire explored a $10B deal, may spend up to $100B if opportunities arise. 🔹Bitcoin Comments: Michael Saylor dubbed Berkshire the "Bitcoin of the 20th century"; Buffett still calls Bitcoin “rat poison squared.” 🔹Indirect Crypto Exposure: Berkshire indirectly exposed via Bank of America, Nu Holdings, Jefferies Financial Group (all linked to Bitcoin ETFs). 🔹#Bitcoin vs #Berkshire : Since 2020: Bitcoin +780%, Berkshire +150%.$BTC {spot}(BTCUSDT)
🚨BERKSHIRE HATHAWAY'S TRANSITION: BUFFETT TO STEP DOWN, SAYS FISCAL RISKS GROWING

🔹Buffett Steps Down: Warren Buffett, 94, to retire as CEO by year-end; Greg Abel named successor.

🔹Era Ends: Buffett transformed Berkshire into a $1.1T empire over 60 years.

🔹Currency Warning: Berkshire may shift holdings if USD weakens; Buffett said "we wouldn't want to own anything in a collapsing currency."

🔹US Economy: Called America the best place to invest but warned of unsustainable fiscal deficit.

🔹Investing Strategy: Berkshire explored a $10B deal, may spend up to $100B if opportunities arise.

🔹Bitcoin Comments: Michael Saylor dubbed Berkshire the "Bitcoin of the 20th century"; Buffett still calls Bitcoin “rat poison squared.”

🔹Indirect Crypto Exposure: Berkshire indirectly exposed via Bank of America, Nu Holdings, Jefferies Financial Group (all linked to Bitcoin ETFs).

🔹#Bitcoin vs #Berkshire : Since 2020: Bitcoin +780%, Berkshire +150%.$BTC
Ek San
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🚨BUFFETT BLASTS TRADE WARS, STEPS DOWN AS CEO

"Trade should not be a weapon," says Warren Buffett, warning against U.S. trade aggression.

🔹Believes global prosperity = mutual safety and growth.

🔹Berkshire profits drop 14%, hit by trade chaos & $700M currency loss.

🔹Buffett holds firm with $347B cash, no panic spending.

🔹Greg Abel named successor as Buffett retires at 94.

🔹Leaves behind a $1.16T empire with 20% yearly investor returns.

-Bloomberg, CNN, English News$BTC $ETH
🚨 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗜𝘀 𝗥𝗮𝘁 𝗣𝗼𝗶𝘀𝗼𝗻””Warren Buffett: Billionaire investor Warren Buffett has criticized Bitcoin, stating that those who invest in it do so with the expectation of selling it at a higher price to someone else. Speaking ahead of Berkshire Hathaway’s annual meeting on Saturday, Buffett labeled Bitcoin as “rat poison,” drawing parallels between its demand and the 17th-century tulip mania in the Netherlands. He suggested that the currency’s rising value is driven by mysticism rather than intrinsic worth, according to The Telegraph. Berkshire Hathaway’s Vice Chairman and Buffett’s longtime business partner, Charlie Munger, was even more direct, dismissing Bitcoin as completely worthless.#bitcoin #WarrenBuffett #cryptocurrency #CharlieMunger #Berkshire
🚨 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗜𝘀 𝗥𝗮𝘁 𝗣𝗼𝗶𝘀𝗼𝗻””Warren Buffett:
Billionaire investor Warren Buffett has criticized Bitcoin, stating that those who invest in it do so with the expectation of selling it at a higher price to someone else.
Speaking ahead of Berkshire Hathaway’s annual meeting on Saturday, Buffett labeled Bitcoin as “rat poison,” drawing parallels between its demand and the 17th-century tulip mania in the Netherlands. He suggested that the currency’s rising value is driven by mysticism rather than intrinsic worth, according to The Telegraph.
Berkshire Hathaway’s Vice Chairman and Buffett’s longtime business partner, Charlie Munger, was even more direct, dismissing Bitcoin as completely worthless.#bitcoin #WarrenBuffett #cryptocurrency #CharlieMunger #Berkshire
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Berkshire Hathaway: Warren Buffett's Final Annual Letter?The 2024 annual letter from #WarrenBuffett may be the last one he sends to shareholders as CEO, as Greg Abel is expected to take over this position. Buffett acknowledges this and emphasizes that Abel will continue to uphold Berkshire Hathaway's core values: "At 94, it won’t be long before Greg Abel takes over as CEO and will write the annual letters. Greg will continue to share Berkshire's philosophy through an 'annual report', which is something a Berkshire CEO must send to shareholders each year. And he also understands that if you start lying to your shareholders, you will soon believe those lies yourself and deceive yourself."

Berkshire Hathaway: Warren Buffett's Final Annual Letter?

The 2024 annual letter from #WarrenBuffett may be the last one he sends to shareholders as CEO, as Greg Abel is expected to take over this position. Buffett acknowledges this and emphasizes that Abel will continue to uphold Berkshire Hathaway's core values:
"At 94, it won’t be long before Greg Abel takes over as CEO and will write the annual letters. Greg will continue to share Berkshire's philosophy through an 'annual report', which is something a Berkshire CEO must send to shareholders each year. And he also understands that if you start lying to your shareholders, you will soon believe those lies yourself and deceive yourself."
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