Warren Buffett announced he will step down as CEO of Berkshire Hathaway by year-end. Greg Abel will assume the role. During the annual shareholders meeting, Buffett stressed the importance of balanced trade and criticized tariffs as ineffective. He highlighted that global stability increases with economic prosperity among nations.
- Buffett on global trade: “We should trade with the world.”
- On market volatility: Recent stock market turmoil is “really nothing.”
- Observations: “Big mistake” when nations boast while facing global dislike.
Buffett reassured shareholders by recalling past market recoveries.
Tags #Business, #International, #ProminentPeople
Lucem News Editor’s Opinion: Warren Buffett handing the reins to Greg Abel is like Yoda retiring to let a competent but less mystical Jedi run the show—markets yawned, and globalists cheered at Abel’s kumbaya take on trade while Main Street’s still getting hosed.
Want to read more about this ? One of the original source articles from a trusted news source (not legacy media) is here:
