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Warren Buffett says he'll keep writing a yearly letter — and hold on to a big chunk of his Berkshire stock

1. Buffett to step down as CEO after over 60 years. 2. Buffett will continue annual Thanksgiving letters to shareholders. 3. Buffett praises successor Greg Abel's capabilities. 4. Buffett gifted 1.5M shares to charity, valuing $1.35B. 5. Berkshire's stock growth lags behind S&P this year.

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FAQ

Why Bearish?

Buffett's departure may unsettle investors; historically, CEO changes impact stock prices.

How important is it?

Changes in leadership at Berkshire, especially with Buffett's stature, will influence investor sentiment and decisions.

Why Long Term?

Succession can shift company strategy. Previous leadership transitions have had delayed effects on stock performance.

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