"After revealing his resignation plans to Berkshire shareholders in May, Buffett said he would "still hang around" and "could conceivably be useful" to his successor, Greg Abel. "I'm not going to sit at home and watch soap operas," Buffett told The Wall Street Journal after his big reveal. "My interests are still the same." In his Thanksgiving letter, Buffett said he still works at Berkshire's Omaha headquarters five days a week, and sometimes has a "useful idea" or gets approached with an offer."
"He has transformed it from a failing textile mill into a world-beating conglomerate that owns scores of businesses such as Geico and NetJets, and huge stakes in public companies including Coca-Cola and Kraft Heinz. "We've got the best job in the world," Buffett said about himself and the late Charlie Munger during Berkshire's annual meeting in 2000. "We get to work with people we like and admire and trust every day of the year. We get to do what we want to do, the way we want to do it.""
Warren Buffett is relinquishing the CEO role at Berkshire Hathaway after nearly six decades but will remain chairman and help successor Greg Abel. He continues to work five days a week at Berkshire’s Omaha headquarters and occasionally contributes ideas or evaluates offers. Buffett transformed Berkshire from a failing textile mill into a diversified conglomerate owning businesses like Geico and NetJets and large stakes in firms such as Coca-Cola and Kraft Heinz. He describes his work as highly enjoyable and prefers staying active rather than retiring, valuing collaboration with trusted colleagues.
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