Buffett’s Farewell Stresses Time and Patience: Father Time Wins

TL;DR Summary
Warren Buffett steps down as Berkshire Hathaway chairman, becomes chairman emeritus, and underscores the four-word warning 'Father Time always wins,' a reminder that aging and long-term compounding shape investing, reinforcing his enduring buy-and-hold philosophy and optimistic view for the market.
Topics:business#berkshire-hathaway#buy-and-hold#father-time#finance#long-term-investing#warren-buffett
- Warren Buffett Just Released a Farewell Letter. It Contains the Most Devastating 4-Word Piece of Investment Advice I've Ever Heard. Yahoo Finance
- Meet Howard Buffett, the New Chairman of Berkshire Hathaway The New York Times
- Berkshire Hathaway: Warren Buffett Takes Another Step Back; Howard Buffett Elected Chairman Morningstar
- Buffett takes next step in plan to keep Berkshire from straying CNBC
- Billionaire Warren Buffett once called Berkshire Hathaway the ‘dumbest’ stock he ever bought Fortune
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