From NBC News: After 55 years, it’s Warren Buffett’s last day as chief executive of investing juggernaut Berkshire Hathaway.
The 95-year-old, often referred to as the “Oracle of Omaha” and the “billionaire next door,” will relinquish the title after a career that saw him turn a failing textile firm into one of the most successful asset managers in the world.
Under Buffett’s leadership, Nebraska-based Berkshire has thrived at the intersection of Wall Street and Main Street, with investments in industries ranging from railroads and insurance to candy and ice cream.
Along the way, while living in the same house he bought for just over $30,000 in the late 1950s, he redefined investing for the American public with his folksy and practical advice, became one of the wealthiest people on Earth and dedicated much of that fortune to philanthropy.
A new CEO takes over on Thursday. Greg Abel, currently the CEO of Berkshire’s energy business, got the job, but Buffett will remain the chairman.
BREAKING: TODAY IS WARREN BUFFET’S LAST DAY AS THE CEO OF BERKSHIRE HATHAWAY
One crazy fact about Warren Buffett that still blows my mind:
$1,000 invested with Buffett in 1964 would be worth $25 million todayNow look at the power of compounding, chronologically (His approx.… pic.twitter.com/yGam5CtPjR
— Value Investor (@ValueInvestShow) December 31, 2025
Warren Buffett wasted his first 8 years of investing staring at charts and technical analysis.
He admits he had “the whole wrong idea.”
Then he read one book at age 19 that “re-jiggered” his mind forever.
Here is buffet’s simple realization that built his $160B fortune.… pic.twitter.com/GsuEeUiyYt
— StockMarket.News (@_Investinq) December 28, 2025
Read more at NBC News
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