Warren Buffett's departure news stunned his Omaha gathering. His followers told me they were sad but grateful.
Briefly

Warren Buffett's announcement of his planned departure from Berkshire Hathaway by the end of 2025 profoundly impacted attendees at the company's annual meeting in Omaha. Many followers, including Veron Wong, expressed deep emotional responses, equating Buffett to a father figure. Despite the mixed feelings of shock and sorrow, attendees also celebrated the legacy Buffett created, transforming Berkshire from a failing textile company into a financial powerhouse. Concerns lingered about the community's future without Buffett's guidance, as shareholders engaged in festivities while processing the bittersweet news.
Wong expressed deep admiration for Warren Buffett, calling him a father figure and revealing that he cried at the news of Buffett's planned departure.
Fadel reflected on the bittersweet nature of the occasion, emphasizing the sense of community and legacy felt among Buffett's followers during the meeting.
Participants at the meeting shared mixed emotions, ranging from shock and sorrow to gratitude and hope for the future of Berkshire Hathaway without Buffett.
The atmosphere during the shareholder picnic contrasted with the serious news, as attendees celebrated together, enjoying food and music while processing the change.
Read at Business Insider
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