巴菲特“最后一封信”全文：我“纯属运气好”，但“时间老人”追上来了，我将“保持安静”（完整原文中文版）

Core Insights - Warren Buffett announces his retirement after a 60-year career, emphasizing the importance of long-term thinking and criticizing corporate greed, particularly in executive compensation [3][4][5] - Buffett plans to donate $1.3 billion worth of Berkshire Hathaway shares to charity, continuing his philanthropic legacy [6] Group 1: Transition of Leadership - Buffett will step down as CEO of Berkshire Hathaway by the end of the year, marking a significant transition for the company [3][4] - The next annual letter to shareholders will be written by someone else, but Buffett will maintain communication through his Thanksgiving letters [3][6] - Since the announcement of his retirement plan, Berkshire's Class A shares have dropped approximately 8% [3] Group 2: Critique of Corporate Culture - Buffett criticizes the competitive nature of executive compensation, stating that it leads to a race among CEOs to earn more [4][45] - He warns against hiring CEOs who are overly focused on personal wealth and fame, advocating for a culture of humility and long-term commitment [4][42] Group 3: Investment Philosophy - Buffett's investment philosophy contrasts sharply with the rise of speculative assets like cryptocurrencies, emphasizing the value of long-term investments [5] - He has built Berkshire Hathaway into a diversified empire, spanning various industries, and believes the company's management style will continue to be an asset [6][46] Group 4: Philanthropy - Buffett has donated 2.7 million shares of Berkshire Class B stock, valued at approximately $1.3 billion, to family foundations [6] - He has committed to donating all his Berkshire shares to charity, promoting the "Giving Pledge" alongside Bill and Melinda Gates [6]