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I would assume this means that he is not in great health. Hopefully I'm wrong and he just decided that 85 years or so of hustling for dollars was enough.
by rufus_foreman 1y ago
I would assume this means that he is not in great health. Hopefully I'm wrong and he just decided that 85 years or so of hustling for dollars was enough.
- unsnap_biceps 1y agoAt 94, if he had a health concern, I don't think he'd be planning out 7 months for stepping down.
- Supermancho 1y agoI heard he has a knack for prediction. Pair that with advantageous events (or prior to) and 7mo ahead is the result of a calculation.
- unsnap_biceps 1y agoSure, but at his age, heath issues spiral out of control very very very fast. I fully expect that he doesn't have a specific health concern right now and is planning ahead because if he did have a specific health issue, I don't expect that he would be able to plan 7 months ahead.
- 0cf8612b2e1e 1y agoI suspect there has been succession a plan in place for at least 20 years.
- nabla9 1y agoHe probably took a health insurance and plans to cash in.
- paulpauper 1y agoStepping down ASAP would look worse than doing it 7 months out
- unsnap_biceps 1y agoSure, but if there is a health concern, announcing a date and then passing away before then is even worse then just stepping down asap.
- bayarearefugee 1y agoThere's video of his announcement. https://www.cnbc.com/2025/05/03/warren-buffett-to-ask-board-to-make-greg-abel-ceo-of-berkshire-hathaway-at-year-end.html https://www.cnbc.com/2025/05/03/warren-buffett-to-ask-board-... On one hand, he doesn't sound that great (in terms of subtle overall health markers in his voice) when he talks. On the other hand, he's 94 and most people (especially men) don't make it into their 90s, so...
- paulpauper 1y agocomparing the video to 2024, he sounded similar to last year. not much of a difference