Warren Buffett will deliver his long-anticipated farewell message to Berkshire Hathaway shareholders on Monday, marking the end of an era for one of the world’s most influential investors.
Berkshire Hathaway announced that Buffett’s letter, his first public address since revealing in May that he would step down as CEO by year-end, will be published on November 10. Now 94, Buffett is expected to reflect on his decades at the helm, his philanthropic legacy, and “other matters of interest to shareholders and the public.”
The letter will serve as Buffett’s formal goodbye after more than six decades transforming Berkshire from a struggling textile manufacturer into a $900-billion global conglomerate. Investors view it as both a capstone to his career and a guide for the company’s future under his successor, Greg Abel.
Buffett’s recent actions have already signalled a more cautious stance. Berkshire has been a net seller of equities for 12 consecutive quarters, paring exposure across major holdings amid lofty market valuations. His tone in the letter is expected to echo the prudence that defined his final years in charge.