Some Warren Buffett wisdom on his last day leading Berkshire Hathaway
December 31, 2025
The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathaway’s annual meetings. Buffett’s last day as CEO is Wednesday after six decades of building up the Berkshire conglomerate. He’ll remain chairman, but Greg Abel will take over leadership. Buffett summed up his investing approach by saying “Be fearful when others are greedy, and greedy when others are fearful.” He also warned employees to make sure they’d be comfortable with anything they do being reported the next day on the front page of their local newspaper.