WARREN BUFFETT'S THANKSGIVING LETTER

In his latest Thanksgiving letter, Warren Buffett announced a $1.35 billion donation of Berkshire Hathaway Class B shares to four family foundations—his late wife’s and those managed by his three children. This accelerated philanthropy reflects his desire for his children, now in their later years, to actively oversee the distribution of these funds while still in their primes. Alongside this charitable update, Buffett confirmed that Greg Abel will fully assume the CEO role at Berkshire Hathaway by year-end. Buffett gave Abel his strongest possible endorsement, expressing full confidence in his leadership abilities and signaling a smooth transition at the helm of one of the world’s most respected conglomerates.

While stepping back from writing the annual shareholder letter, Buffett will continue sharing reflections through his personal Thanksgiving letters, using them as vehicles for gratitude and life lessons. He emphasized that true greatness lies not in wealth accumulation but in kindness, helping others, and learning from mistakes—no matter one’s age. Acknowledging Berkshire’s massive scale and the resulting limitations on outsized returns, he reassured shareholders of the company’s enduring safety and principled management. The message blends financial strategy with human values, offering both investors and the broader public insights into Buffett’s enduring legacy and worldview.

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