Warren Buffett Steps Down After 60 Years – And His Bitcoin Views Are Unforgettable

Arguably the most well-known investor of our (and the previous) generation, Warren Buffett, has formally stepped down as chairman of Berkshire Hathaway after more than 60 years at the company. He has now become Chairman Emeritus and remains on the board. His son, Howard G.

Buffett, will succeed him as chairman, while Greg Abel continues to run the company as CEO.

In the farewell letter to shareholders, the 96-year-old said the timing was right to “complete the transition,” praised Abel for fully taking control of the Berkshire empire’s day-to-day decisions, and described his son as the guardian of the company’s culture and values.

For us crypto folks, his retirement also closes the active career of one of Bitcoin’s most famous and persistent skeptics.