this post was submitted on 03 May 2025
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Warren Buffett announces retirement from leading Berkshire Hathaway (www.theguardian.com)
submitted 4 days ago by mc900ftJesus@lemy.lol to c/world@quokk.au
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[–] 9point6@lemmy.world 28 points 4 days ago (2 children)

Not a great sign for the financial world when Mr "time in the market" is exiting the market

[–] NOT_RICK@lemmy.world 17 points 4 days ago (1 children)

He’s pretty damn old

[–] 9point6@lemmy.world 5 points 4 days ago (1 children)

For sure, but myself and many others expected him to die in that role

[–] NOT_RICK@lemmy.world 4 points 4 days ago (1 children)

Fair enough. I wouldn’t be surprised if he knows something about his health that we don’t

[–] catloaf@lemm.ee 4 points 4 days ago

He's 92 and has had prostate cancer. I'd be surprised if he was still involved in the day-to-day operation.

[–] Lembot_0002@lemm.ee 8 points 4 days ago

Well, the guy is old. He needs a rocking chair and plaid, not another pile of market charts.

[–] Wahots@pawb.social 5 points 4 days ago

Retiring at 94, holy shit.

[–] sunzu2@thebrainbin.org 4 points 4 days ago

Daddy timing the market?

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