Investment icon Warren Buffett has officially announced his retirement in a historic final letter to Berkshire Hathaway shareholders released on November 10, 2025. The 95-year-old billionaire confirmed he is "going quiet" after decades at the helm of one of the world's most successful investment firms.
The End of an Investment Era
The much-anticipated announcement came through Buffett's traditional annual letter to shareholders, which has become required reading for investors worldwide. This final communication marks the conclusion of a remarkable career that spanned over half a century, during which Buffett transformed Berkshire Hathaway from a struggling textile manufacturer into a $800 billion conglomerate with holdings across insurance, energy, transportation, and consumer goods.
Buffett's letters have become legendary in financial circles for their wisdom, wit, and straightforward investment advice. His final message maintains the characteristic style that made him one of the most respected figures in global finance.
Legacy of the Oracle of Omaha
Known as the "Oracle of Omaha" for his uncanny investment foresight, Warren Buffett built his reputation on value investing principles taught by his mentor Benjamin Graham. Under his leadership, Berkshire Hathaway delivered average annual returns of approximately 20% between 1965 and 2022, dramatically outperforming the S&P 500 index.
The final shareholder letter comes at a time of significant transition for Berkshire Hathaway. In recent years, Buffett had gradually been handing over responsibilities to key executives Greg Abel and Ajit Jain, with Abel positioned to take over as CEO following Buffett's retirement.
What Comes Next for Berkshire Hathaway
While Buffett's letter confirms his departure from active management, he expressed complete confidence in the leadership team he has carefully cultivated over the past decade. The transition plan has been meticulously prepared to ensure continuity in Berkshire's investment philosophy and corporate culture.
Investors and analysts will be closely watching how the company navigates this leadership change, particularly given Buffett's unique approach to capital allocation and his personal relationships with subsidiary company leaders.
The November 10 letter represents not just the end of Buffett's active career but the closing of a significant chapter in investment history. His final thoughts to shareholders are expected to cover his views on market valuation, economic outlook, and enduring investment principles that have guided his remarkable success.
