Warren Buffett在60年后于2025年退休,担任Berkshire Hathaway首席执行官,尽管股票溢价很高,却结束了一段没有股票回购的时期,而该公司的现金增长到3 730亿美元。 Warren Buffett retired as CEO of Berkshire Hathaway in 2025 after 60 years, ending a period of no share repurchases despite high stock premiums, while the company grew its cash to $373 billion.

Warren Buffett于2025年12月31日退休为Berkshire Hathaway首席执行官, Warren Buffett retired as CEO of Berkshire Hathaway on December 31, 2025, after six decades of leadership, having made no share repurchases in his final 19 months despite previously spending $78 billion buying Berkshire stock. 这一转变的发生是因为该公司的股票以60%至80%的溢价交易到账面价值,大大高于巴菲特认为具有吸引力的水平。 This shift occurred as the company’s shares traded at a 60% to 80% premium to book value, well above levels Buffett considered attractive. Berkshire连续13个季度成为净销售商,其现金状况增加到3 730亿美元——占总资产的30%以上——同时减少了苹果和美国银行的股权。 Berkshire became a net seller for 13 consecutive quarters, growing its cash position to $373 billion—over 30% of total assets—while reducing stakes in Apple and Bank of America. 他的继任者格雷格·阿贝尔(Greg Abel)预计将支持巴菲特纪律严明、注重价值的战略。 His successor, Greg Abel, is expected to uphold Buffett’s disciplined, value-focused strategy.