Warren Buffett Is Saying Farewell With a Sobering 4-Word Message for Investors
Buffett's investing career is a master class on building wealth in the stock market.
Overview
After spending more than half a century as chairman of Berkshire Hathaway, Warren Buffett announced this month that he would be stepping down and handing the reins over to his son, Howard Buffett.
In a letter to shareholders announcing the transition, Buffett emphasized that he has full faith in CEO Greg Abel and will continue to serve as a director. But he also offered one nugget of wisdom that, while sobering, reflects the philosophy that made Buffett one of the most successful investors in history.
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Originally published at www.fool.com.
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