Buffett, Berkshire
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Nearly 35 years ago, Warren Buffett, one of the world’s most successful investors, was lecturing at the University of Notre Dame when he recounted that president-elect Donald Trump had made his assets appear to be worth much more than they really were by locking in property loans at prices far higher than their true value.
Warren Buffett, 95 years old, delivered his final letter to shareholders, telling his followers, "I'm going quiet." He did, however, make note of his plans for more philanthropic donations to the charities he supports, while also wishing his successor, Greg Abel, who will take the helm at the end of the year, an "extended tenure."
But even in the tech world, bargains can be found, and Buffett landed a big one in the third quarter of this year. He opened only one new position in the quarter -- and it was the cheapest of the "Magnificent Seven" tech stocks. Let's zoom in for a closer look.
2hon MSN
Warren Buffett Reveals Why His Eldest Son Will Inherit the Empire — Inside the Succession Plan
Key Takeaways Howie Buffett is a philanthropist, farmer, and the middle child of Warren Buffett.After Warren dies, Howie is set to become Berkshire Hathaway's non-executive chairman.Warren trusts Howie,
Warren Buffett’s goodbye message isn’t just about giving gold nuggets of leadership wisdsom. It’s about humanity. He’s handing over Berkshire Hathaway, but also passing on a code of conduct for a good life for all of us in the business world: define your legacy, treat people with kindness, and never stop learning and growing.