Warren Buffett Steps Down as CEO, Trump’s Budget Proposal, Kentucky Derby, & More | 5.05.25

The Pour Over Today

The Pour Over

Religion & Spirituality, News, Christianity, Daily News

4.8 • 3.5K Ratings

🗓️ 5 May 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we’re talking about Warren Buffett stepping down as CEO of Berkshire Hathaway; Trump’s budget proposal that slashes spending in most areas; Kentucky Derby results; and other top news for Monday, May 5th. Stay informed while remaining focused on Christ with The Pour Over Today. Please support our TPO sponsors! Upside: https://links.thepourover.org/Upside Cru: give.cru.org/pour LMNT: https://links.thepourover.org/LMNT_Podcast Student Life Application Study Bible: https://links.thepourover.org/SLASB_Pod Stress Less: https://links.thepourover.org/StressLess Platforms to Pillars: https://links.thepourover.org/PlatformstoPillars Subsplash: subsplash.com/tpo CSB: https://links.thepourover.org/CSB_podcast Field of Greens: FieldofGreens.com

Transcript

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0:00.0	Hey, this is Joe at the poorover.
0:04.6	And this is Zan at the poorover.
0:07.0	Today, we're talking about Warren Buffett stepping down as CEO of Berkshire Hathaway,
0:12.4	Trump's budget proposal that slashes spending in most areas, Kentucky Derby results,
0:17.9	and other top news for Monday, May 5th. Stay in form while remaining focused on
0:22.9	Christ with the pour over today. Here's your verse of the day. The Lord will watch over your
0:28.6	coming and going both now and forevermore. Psalm 121.8. Let's get started with some
0:36.9	espresso shots.
0:41.0	Warren Buffett will step down as CEO of Berkshire Hathaway at Year's End after 60 years at the helm.
0:48.3	The 94-year-old Omaha native took over a struggling textile company in 1965 and turned it into a $1.16 trillion
0:57.0	conglomerant amassing a personal fortune of $168 billion along the way. Buffett is beloved for his
1:05.3	folks see common sense, financial wisdom, and philanthropy. He's donated over $58 billion throughout the years and pledged to give away 99% of his
1:15.7	fortune.
1:16.9	Buffett said he will hang around but is giving the final say on all company operations
1:22.1	and investment decisions to 62-year-old Greg Abel.
1:27.0	Abel has worked for Berkshire for 25 years, rising through the ranks.
1:31.4	Now, he'll be in charge of its portfolio of 200-plus companies,
1:36.0	including Geico, Dairy Queen,
1:38.2	and significant stock holdings of public companies like Apple and Coca-Cola.
1:49.3	... public companies like Apple and Coca-Cola. Whether your portfolio is Buffett-sized,
1:52.2	tumbling, or non-existent, remember,
1:54.6	you won't bring your earthly treasures to heaven.
	...

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