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巴菲特写的最后一封股东信公布:感叹活到95岁是幸运,已捐出13亿美元股票,力挺阿贝尔
Mei Ri Jing Ji Xin Wen·2025-11-11 00:44

Core Insights - Warren Buffett, at 95 years old, is making final arrangements for his retirement as CEO of Berkshire Hathaway, transferring $149 billion of his estate to family foundations while retaining enough Class A shares to support successor Greg Abel's credibility with shareholders [1][3] - Buffett's Thanksgiving letter marks his first significant statement since announcing his retirement in May, indicating the end of his 60-year management era at Berkshire [3][5] - Berkshire's third-quarter earnings report shows a 34% year-over-year increase in operating profit, with a record cash holding of $381.7 billion, reflecting a cautious investment strategy [3][16] Wealth Distribution Plan - Buffett plans to convert his 1,800 Class A shares into 2.7 million Class B shares, donating over $1.3 billion worth of shares to family foundations, including 1.5 million shares to the Susan Thompson Buffett Foundation and 400,000 shares each to three children's foundations [1][3] - The accelerated charitable donations are intended to ensure that his children can manage the estate while they are still healthy and capable [14][15] Leadership Transition - Greg Abel, aged 63, will take over as CEO at the beginning of next year, while Buffett will remain as chairman and continue the tradition of writing the Thanksgiving letter [3][5] - Buffett expresses confidence in Abel's ability to manage the company and its shareholder funds, stating that no other CEO would be better suited for the role [16][17] Company Outlook - Buffett acknowledges that Berkshire's large scale presents both advantages and limitations, predicting that many companies will outperform Berkshire in the coming decades [3][16] - Despite the potential for stock price fluctuations, Buffett reassures shareholders that the company will rebound, emphasizing the strength and stability of Berkshire's future [18]