🧓Warren Buffett is finally stepping down as CEO of Berkshire Hathaway — after nearly 60 years at the helm.
Even at 94, the news caught many off guard. His long-picked successor, Greg Abel, will take over by the end of 2025.
But Buffett made one thing crystal clear:
"I have no intention, zero, of selling one share of Berkshire Hathaway. It will get given away,"
Warren Buffett’s cash pile just hit a new record: $347.7 billion.
People love to point to it as a sign the market’s about to crash... but let’s be real — this is classic Buffett.
No big buys yet, even after the correction. But here’s the key: 70% of Berkshire’s portfolio is still in stocks. Only 30% is cash.
He’s not running from the market — he’s just staying ready. Always has been.
