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According to CryptoWhale on Twitter, Warren Buffett was reportedly quoted as saying, 'I don't know, I just really fuck with memecoins and think they're chill.' This statement, if verified, would mark a significant shift in Buffett's traditional stance on cryptocurrencies and could impact memecoin trading sentiment. However, as of now, there is no credible source confirming Buffett made this statement. Traders should exercise caution and verify information before making trading decisions, as misinformation can lead to market volatility (source: CryptoWhale, Twitter).
Warren Buffett has announced he will retire as chief executive of Berkshire Hathaway at the end of the year.
The veteran investor, known as the Oracle of Omaha, told his company's annual meeting he would hand over the reins to Vice-Chairman Greg Abel.
"I think the time has arrived where Greg should become the chief executive of the company at year end," said Buffett, 94.
Mr Buffett, who built Berkshire Hathaway from a failing textile maker into an investment juggernaut worth $1.16tn (£870bn), is arguably the world's most successful investor.
Mr. Buffett said at the annual shareholders’ meeting that he wanted to turn over the reins to Greg Abel at the end of the year. Earlier, he criticized Trump’s trade policies.
OMAHA, Neb. (AP) -- Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire.
Buffett, one of the world's richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling for less than they were worth.
His success made him a Wall Street icon. It also earned him the nickname "Oracle of Omaha," a reference to the Nebraska city where Buffett was born and chose to live and work.
https://mainichi.jp/english/articles/20250504/p2g/00m/0bu/020000c
’s annual meeting ended Saturday with big news: Warren Buffett said he planned to ask the board to make Greg Abel the company’s CEO by year-end.
Abel, Berkshire’s vice chairman of non-insurance operations, was at Buffett’s side on stage when Buffett broke the news, and didn’t know these remarks were coming, according to “The Oracle of Omaha.”
The 94-year-old has had a six-decade run at the company, and its annual meetings draw thousands of shareholders from around the world to Omaha each year. The gathering, known as “Woodstock for Capitalists,” is a chance for Buffett to share his views on the markets, investing and life, in general.
This year, Buffett was asked about global trade policy and the tariffs that President Donald Trump has proposed as well as the market’s recent volatility.
“Trade should not be a weapon,” Buffett said. Read a full account of the day’s events below.
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Buffett, 94, the chairman and CEO of Berkshire Hathaway, criticized the Trump administration’s use of tariffs as a trade strategy, arguing that employing trade as a "weapon" has antagonized international relations and destabilized global markets.
"Balanced trade is good for the world," and "trade should not be a weapon," Buffett said at Berkshire Hathaway's annual meeting in Omaha, Nebraska, which attracts some 40,000 people every year who want to hear from the billionaire magnate, including former Secretary of State Hillary Clinton, who was also present.
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Last Saturday was the Investors Highlight in spring every year. It is called the Woodstock for investors. For decades investors from all over the world traveled to Berkshire Hathaway to listen to the words of Charlie Munger and Warren Buffett. Investopedia says that 40,000 people traveled to Omaha, Nebraska, to listen to the words of the two most successful investors of all time.Since 1965 Warren Buffett and Charlie Munger created an average return of 20% per year for their investors. No wonder people love them. The S&P 500 averaged 10,5% in the same period to put things into perspective.Of course, once in a while, investors step forward who claim that they can make more impact. Often they can show a significant track record, but as far as I know, no investment company can claim that they created a similar success over five decades.A lot has happened in the last two years, and many people shifted Last Saturday was the big investment day of the year — The Berkshire Hathaway Annual Meeting 2022 — in Omaha, Nebraska. I am sure people have many questions. Since Bitcoin stood out through the pandemic, my most pressing question was: Did Warren Buffett and Charlie Munger change their opinion? Well, some might say they never change their minds. But many people did. Like Kevin O'Leary.Not a long time ago, he called BitcoinWarren Buffett memecoin
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Berkshire's cash stake grew from $334.2 billion at year-end. The company repurchased no stock for a third straight quarter and was a net seller of stocks for a 10th straight quarter.
Warren Buffett memecoin
Warren Buffett memecoin