Warren Buffett steps down as Berkshire Hathaway CEO after six decades
The LA Times1 day
Warren Buffett Steps Down as Berkshire CEO
Is Berkshire positioned perfectly for future opportunities, or facing an era of mounting headwinds and lower earnings?
Above: Warren Buffett (L) at the Allen & Company Sun Valley Conference on July 14, 2023. Image credit: Kevin Dietsch/Getty Images
The Spin
Narrative A
Buffett's final year as CEO showcased the same disciplined, patient investing that built Berkshire into a powerhouse over six decades. His strategic cash stockpiling and selective dealmaking position the company perfectly for future opportunities when markets inevitably correct.
Narrative B
Berkshire faces mounting structural headwinds as Buffett exits, with insurance profits softening, interest rates falling, and the company's massive cash pile earning diminishing returns. The unique succession risk and fading Buffett premium signal an era of lower earnings visibility ahead.
Metaculus Prediction
Public Figures
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© 2026 Improve the News Foundation.
All rights reserved.
Version 6.18.0