Warren Buffett's Generous Thanksgiving Donation and Assurance of Berkshire's Resilience

Warren Buffett donated over $870 million worth of Berkshire Hathaway stock to four family foundations before Thanksgiving, reiterating in a letter to shareholders that his conglomerate is "built to last." The 93-year-old investor donated shares to the Susan Thompson Buffett Foundation and the foundations run by his children. Buffett has been making annual donations to these charities since 2006. He also assured shareholders that Berkshire Hathaway will continue to thrive even without his oversight, as it has been built to withstand the test of time.