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

Core Insights - Warren Buffett, at 95, 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 [2][3] - Buffett announced a donation of over $1.3 billion in Berkshire shares to four family foundations, converting 1,800 Class A shares into 2.7 million Class B shares [2] - The Thanksgiving letter marks Buffett's first major statement since announcing his retirement plans in May, signaling the end of his 60-year management era at Berkshire [2] Leadership Transition - Greg Abel, 63, will take over as CEO in early 2024, while Buffett will remain as chairman and continue the Thanksgiving letter tradition, but will not write the annual report or speak at the annual meeting [3][4] - Abel will also take over the writing of the annual shareholder letter and will host the annual meeting starting next year [3] Financial Performance - Berkshire's core business remains strong, with a 34% year-over-year increase in operating profit for Q3 [3] - As of September 30, Berkshire held a record $381.7 billion in cash, reflecting its robust balance sheet and cautious investment strategy [3] - The company has net sold stocks for 12 consecutive quarters, indicating Buffett's cautious approach in a high-valuation market [3] Future Outlook - Buffett acknowledges that Berkshire's large scale is both an advantage and a limitation, predicting that many companies will outperform Berkshire in the next 10 to 20 years [3] - He 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] Philanthropic Intentions - Buffett is accelerating his charitable donations to ensure his children can lead his nearly complete charitable legacy while they are still healthy and clear-minded [14][15] - He plans to retain some Class A shares until shareholders have confidence in Abel, emphasizing the importance of a smooth transition [15]