Warren Buffett Passes the Torch

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 5 May 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

After 60 years at the helm of Berkshire Hathaway, the Oracle of Omaha is ready for retirement. (00:21) Jim Gillies and Dylan Lewis discuss: - Warren Buffett’s plan to step down as CEO of Berkshire Hathaway. - The parallels between Berkshire’s succession planning and Apple’s transition from Steve Jobs to Tim Cook. - The available cash, opportunities, and challenges ahead for Greg Abel and team. Companies discussed: BRK.A, BRK.B, AAPL, BAC Host: Dylan Lewis Guest: Jim Gillies Producer: Mary Long Engineers: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	After 60 years, Buffett passes the torch.
0:08.2	Motleyful money starts now.
0:20.7	I'm Dylan Lewis, and I'm joined over the airwaves by Motleyful Canada analyst Jim Gillies.
0:24.6	Jim, thanks for joining me on this momentous Monday.
0:27.8	Indeed. Thanks, Dylan.
0:29.7	We talk about the news very often.
0:31.5	We don't always get something this good when something happens over the weekend.
0:35.4	To quote the great Warren Buffett himself, the time has arrived.
0:39.8	After 60 years as CEO of Berkshire Hathaway, Warren Buffett announced he will be stepping
0:44.6	down at the end of 2025 for a well-deserved semi-retirement.
0:48.9	He announced this gym closing out the annual meeting in Omaha over the weekend,
0:54.0	which was news to basically
0:55.6	everybody except his kids.
0:57.7	Correct.
0:58.2	Yes.
0:58.4	I had a number of friends on the floor, and one of them texted me with, like, literally
1:04.0	as he was speaking, going, holy, insert golf word here, Buffett just announced his
1:09.4	retirement.
1:10.7	And I'm like, okay, I can have to
1:13.1	take a moment to process this. Yeah, and in typical Buffett fashion, it wasn't, you know, I am
1:18.6	leaving, you know, the CEO seat. It was him handing over the reins, but it was in an overview of
1:24.1	like board meetings and votes and recommendations. I think if it weren't for the
	...

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