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‘Oracle of Omaha’ announces plans to retire from his sprawling conglomerate at historic annual meeting

Veteran investor says ‘trade should not be a weapon’ in dig at Donald Trump’s tariffs policy

“You’re going to have your life progress in the general direction of the people that you work with, that you admire, that become your friends.” 

The companies were once close rivals — with a similar size, reach and global clout — but their paths have diverged in recent years.

Berkshire Hathaway CEO Warren Buffett announced Saturday that he plans to step down by the end of the year.

“I think they’ll be unanimously in favor of it, and that would mean that at year-end Greg would be the chief executive officer of Berkshire and I would still hang around.”

Buffett said that some of his worst mistakes over the years were the investments and deals that he didn’t make.

Berkshire shareholders witnessed the end of an era at the legendary investor’s annual meeting 

Mark Carney shows how to be moderate in substance and populist in style