Warren Buffett has told Berkshire Hathaway shareholders that he is “going quiet” as the world’s most famous investor draws a line under a career that has shaped corporate America and Wall Street over the past six decades.
“As the British would say, I’m ‘going quiet’. Sort of,” Buffett wrote in a letter published on Monday.
The 95-year-old will step back from day-to-day responsibilities at Berkshire at the end of this year, when he retires from his role as chief executive. Buffett said the company’s next annual letter, which is widely followed by legions of retail and institutional investors, will be written by someone else.
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