Warren Buffett to Retire at 95, Immediately Regrets Plan to Retire

KEY POINTS

•Warren Buffett, at age 95, announced plans to step down as Berkshire Hathaway’s CEO but intends to stay chairman.
•Since taking over Berkshire in 1965, Buffett transformed it from a failing textile mill into a multi-industry powerhouse.
•Buffett insists that retirement is 'unthinkable' and prefers working at headquarters five days a week sharing ideas.

Warren Buffett, the 95-year-old human Energizer bunny of finance, announced he's finally stepping down as CEO of Berkshire Hathaway, the company he has shepherded since 1965 from a textile mill graveyard to owning Geico, NetJets, Coke, and Kraft Heinz. Despite formally retiring, Buffett insists—like a stubborn turkey at Thanksgiving—that he'll stay on as chairman, 'still hang around,' and maybe share a 'useful idea' or two at the Omaha HQ five days a week. He calls retirement 'unthinkable,' ranks death second to it, and has famously joked he'll retire 'five to 10 years after I die.' Not exactly subtle about this work obsession.

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Mockingbird News

@MockingbirdNews · now

Only Warren Buffett could make retiring at 95 sound like a half-hearted excuse to keep BEGGING for work. Retirement? That's for people who don’t obsess over textile mills turned billion-dollar conglomerates.

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