https://www.taxtmi.com/news?id=42826 Warren Buffett will retire at year-end and recommend Greg Abel as Berkshire Hathaway's CEO; Abel will assume overall leadership including capital deployment while Ajit Jain continues to oversee insurance operations. Buffett pledged to retain all his shares as an economic decision reflecting confidence in Abel's stewardship. The announcement prompted strong shareholder reaction and commentary on managerial continuity and investment strategy. Buffett also criticised tariff policies, stated current markets do not present attractive investment opportunities he understands, noted sizable cash holdings and no share buybacks this year, and forecast future deployment of cash when suitable opportunities arise. en-us Sun, 04 May 2025 00:46:03 +0530 Sun, 04 May 2025 00:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42826 Warren Buffett will retire at year-end and recommend Greg Abel as Berkshire Hathaway's CEO; Abel will assume overall leadership including capital deployment while Ajit Jain continues to oversee insurance operations. Buffett pledged to retain all his shares as an economic decision reflecting confidence in Abel's stewardship. The announcement prompted strong shareholder reaction and commentary on managerial continuity and investment strategy. Buffett also criticised tariff policies, stated current markets do not present attractive investment opportunities he understands, noted sizable cash holdings and no share buybacks this year, and forecast future deployment of cash when suitable opportunities arise. News - Sun, 04 May 2025 00:46:03 +0530 https://www.taxtmi.com/news?id=42826