This is a summary of Warren Buffett's (age 94) golden address to Berkshire Hathaway shareholders at his last Berkshire Hathaway shareholders meeting on May 3, 2025. He named Vice Chairman Greg Abel as his successor and shared his investment philosophy and life lessons.
1. investments and markets
- Optimistic about the U.S. Confidence in the U.S. economy and capitalist growth. Market turmoil is a buying opportunity.
- Wait for the right ball. Invest in businesses you understand. Don't hold a stock for 10 minutes if you can't hold it for 10 years.
2. trade and Japanese stocks
- Trade is not a weapon.
- He calls the five major trading companies "phenomenal" and plans not to sell for 50 years. 3.
3. life lessons
- Emphasized that "the most important decision in life is who you marry." He emphasized that "the most important decision in life is who you marry." The choice of partner determines success.
- Reading and companionship: Emphasizes reading and trusted relationships. Money is nothing without love.
- Integrity: Respond politely to environmental justice questions and show compassion. 4.
4. succession and future
- Abel is the best choice" Nominated Abel as successor; Berkshire's philosophy is constant.
- 5. humor "No four-year contract" Laughing, he is eager to come back next year.
Significance of the Annual Meeting
19,700 attendees, including Tim Cook. Buffett's retirement was described as "the end of an era," and his investment philosophy and human touch attracted shareholders.
*Speeches are based on X and news and may vary in nuance. Contact me if you need more details!
1. investments and markets
- Optimistic about the U.S. Confidence in the U.S. economy and capitalist growth. Market turmoil is a buying opportunity.
- Wait for the right ball. Invest in businesses you understand. Don't hold a stock for 10 minutes if you can't hold it for 10 years.
2. trade and Japanese stocks
- Trade is not a weapon.
- He calls the five major trading companies "phenomenal" and plans not to sell for 50 years. 3.
3. life lessons
- Emphasized that "the most important decision in life is who you marry." He emphasized that "the most important decision in life is who you marry." The choice of partner determines success.
- Reading and companionship: Emphasizes reading and trusted relationships. Money is nothing without love.
- Integrity: Respond politely to environmental justice questions and show compassion. 4.
4. succession and future
- Abel is the best choice" Nominated Abel as successor; Berkshire's philosophy is constant.
- 5. humor "No four-year contract" Laughing, he is eager to come back next year.
Significance of the Annual Meeting
19,700 attendees, including Tim Cook. Buffett's retirement was described as "the end of an era," and his investment philosophy and human touch attracted shareholders.
*Speeches are based on X and news and may vary in nuance. Contact me if you need more details!
