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Warren Buffett Steps Down as CEO of Berkshire Hathaway
Warren Buffett, the iconic CEO of Berkshire Hathaway (NYSE: BRK.A, BRK.B), officially announced his retirement effective at the close of 2025. Under his leadership, Berkshire Hathaway has become a vast and diversified business empire with investments spanning various industries, including energy, railroads, and insurance.
Buffett has maintained a significant confidence in Berkshire Hathaway, repurchasing billions worth of the company’s shares in recent years. Investors should also consider three of Buffett’s favorite stocks for long-term holding: Berkshire Hathaway itself, Apple (NASDAQ: AAPL), and Coca-Cola (NYSE: KO). These stocks encapsulate Buffett’s investment philosophy of seeking businesses that demonstrate enduring strength and consistent revenue generation.
For investors considering buying into Berkshire Hathaway or its favorite stocks, the company remains a resilient option, supported by a new leadership team led by Greg Abel and Ajit Jain, as it continues to implement Buffett’s successful investment strategies.
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