🚨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