Bloomberg details Howard's mandate to protect Berkshire's culture
5 Sep 19 8:46 AM · 4d ago · 8 articles · 4 posts · 17 comments · 6 sources · development 5 of 8
Bloomberg reported that Howard Buffett, a Berkshire director since 1993, is tasked with safeguarding the company's culture and values as the conglomerate completes its long-planned leadership transition.
“Berkshire’s edge is discipline, not mystique. It runs on process, not pixie dust.”
milkplantation, Reddit commenter · reddit ↗
Warren Buffett Outgoing Berkshire Hathaway chairman
Howard Buffett New Berkshire Hathaway chairman
Greg Abel Berkshire Hathaway CEO
Tim Cook Apple CEO
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What was reported 1 claim about this development
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first by Bloomberg Markets, 4d ago
What people said 18 voices · verbatim
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What? I can't tell if you're a bot or just started investing. With the tariff dump from 14th of February 2025 to the 2nd of May 2025 VOO dropped -7% and BRK went up +12.5% over the same period for a difference of +19.5% versus the wider market . During the calendar year of 2022 VOO dropped -18.1% and BRK went up +4% for a difference of +22% versus…
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Buffett stepped down Friday as Berkshire chairman, the post he'd held since 1970, a year after handing Greg Abel the CEO job. Howard Buffett takes over as chairman while Warren stays on the board as emeritus chairman.
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Rich people tend to say they will give their money away but in fact retain control of it.
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Buffett and Munger had decades to assess who could best execute their playbook, and they chose Greg Abel. Berkshire’s edge is discipline, not mystique. It runs on process, not pixie dust. Abel is the person who was deemed most qualified to carry that forward and I would honestly be surprised if he doesn't. Obviously now being such a large company…
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Even if you're right, which you aren't, SpaceX is nothing like Berkshire. Berkshire is basically a mini-ETF. I also don't think many people who own Berkshire are trading it for SpaceX lol; they do completely different things and accomplish totally different goals. Why do you think they are comparable? And what people do you know trading Berkshire…
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No dividends. They have done buybacks and they'll continue to do them. I don't think Buffett stepping down as chair does much to the share price. Their succession plan has been in the works for decades at this point. It's already baked in. And if you're looking for a dip you just had one. This stock was in the 460s four months ago.
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If you have a huge pile of cash there is no better time than the crash of the bull market - especially one like this. He‘s strayed around in hopes of seeing it. It is coming . . . the cracks are showing more and more . . . the shocking thing is people will be surprised it has happened
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They spent 10% of their cash on Google and sold other holdings to fund a large portion of that. They are currently making 4.4% and growing on the T-bills they are holding. Their cash position is still 365 billion! They're also up 21.5% on Google. Not bad!
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Maybe, he once said : "I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election." If he could get in and pass that law 👌
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He’s actually a detriment to his companies at this point. This may have been true early on before he lost his North Star. I will credit him for his visions years back, but he’s hasn’t actually contributed to any advancements in technology or products.
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I think you're mistaken. BRK started their position in Google in Q3 2025 and VOO is up 14%-23% in that time depending on when you purchased. So to this point, BRKs Google position would be -1.5% to +6.5% against the S&P.
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oh come on man! this kind of zealous conviction that ALL rich people must have skeletons in the closet is so tired and lazy. Warren's a good guy, an admirable sage, modest and knows his own limitations, simple as!
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The 400 billion dollars they have on the sidelines will surely save them and if that doesn't, their railroads and 40 billion invested in Japan's trading houses is a damn good hedge against an economic decline.
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And that’s why you choose an asset allocation that you can stay with in good time and bad, invest in low cost total market index funds and quit trying to guess what’s about to happen and turn off the news.
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I wouldn't have predicted the government would be so heavy handed in propping up the economy. I would've guessed it would've been more like 2008.
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An investor who owns VOO is also up 21.5% on Google over the same period of time. Plus, they’ve owned if for the last 25 years.
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We don’t need the market going to shit for brk to rip. Higher bps is good if you are sitting on a ton of cash
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good and smart dude but all billionaires get to be billionaires by greed and stepping over others.
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