“The reason why someone can sit in the shade and rest today is because someone planted the tree
a long time ago.” -Warren Buffet 曰 (Chairman, Hathaway, Berkshire)
Warren Edward Buffett (born 1930), retired legend and his legacy
Warren Buffett, 94, has finally officially announced his retirement in 2025. After leading Berkshire Hathaway for 60 years and earning numerous nicknames, including “The Sage of Investment” and “The Sage of Omaha,” he said he will step down as CEO at the end of the year. His retirement is seen as not just a generational shift but a symbolic event that ends a chapter in modern capitalism and investment history.
Warren Buffett’s Achievement, Investment Legend
1. an average annual return of 20% over 60 years
Buffett took control of Berkshire Hathaway, an ordinary textile company at the time, in 1965 and developed the company into a global investment company with a market capitalization of $1.1 trillion (W1.510 trillion). It has outperformed major indexes such as the S&P 500, with an average annual return of 20 percent for 60 years.
2. the epitome of value investment
It practiced the philosophy of “value investing” by discovering undervalued companies and investing in them for a long time. It made huge profits by investing heavily in companies with high long-term growth potential such as Coca-Cola, American Express, and Apple.
3. ethical leadership and charity
Buffett is a businessman who values personal ethics and transparency, emphasizing honesty, trust, and responsibility in his business. He started The Giving Pledge with Bill Gates in 2010, promising to donate most of his wealth to charity. He is actually called the Giving King, giving away more than 85 percent of his wealth.
4. Innovative management and autonomy
It is known for its untouched management, which gives CEOs of Berkshire subsidiaries great autonomy. This has boosted innovation and entrepreneurship in each company.
Warren Buffett’s successor, Greg Abel
Greg Abel, 62, vice chairman of Berkshire Hathaway’s non-insurance division, has been selected to succeed Warren Buffett. Born in Edmonton, Alberta, Canada, Greg Abel is a self-made man who earned pocket money by picking up empty bottles. After graduating from the University of Alberta, he began his career as an accountant, worked at CalEnergy (later Mid-American), a utility company, and was acquired by Berkshire in 1999 to form relationships with Buffett. Since 2018, he has been the vice chairman of Berkshire’s uninsured division and has overseen major businesses within the group, including manufacturing and retail. He is regarded as a sincere, business-sensible transaction solver and praised Buffett for “having more success than I have achieved.” Abel’s management style has faithfully followed Buffett’s basic principles while showing practical leadership to suit the changing market environment. Berkshire’s board members say, “There is no other Buffett, but Abel has a lot of Buffett’s basics.”
Warren Buffett’s Wise Sayings, Timeless Investment and Life Wisdom
Warren Buffett left a quote that penetrates the essence of investment and life in clear and straightforward language. His quote goes beyond simple investment advice and inspires many people with a philosophy of life.
Warren Buffet’s 10 best quotes
”Rule No. 1 Never lose your money. Rule No. 2 Never forget Rule No. 1.”
”Price is what you pay. Value is what you get.”
“It takes 20 years to build a reputation and five minutes to ruin it. Things will be different when you think about it.”
”Risk comes from not knowing what you are doing.”
”If you don’t intend to own a stock for 10 years, don’t hold it for 10 minutes.”
”Our favorite holding period is forever.”
”The reason why someone can sit in the shade and rest today is because someone planted a tree a long time ago.”
”The best investment is yourself.”
“When you find out that the boat you’re on is always leaking, it’s more productive to change the boat than to close the hole.”
“The difference between successful people and really successful people is, really successful people say no to almost everything.”
Lessons Left By Warren Buffett
1. Value Investment and Long-Term Perspectives
Unshakable by short-term trends or market fluctuations, it is emphasized that focusing on the intrinsic value of a company and its long-term growth potential is key to success.
2. Independent thinking and simplicity
Emphasize the importance of independent thinking that analyzes and judges on its own without being swept away by public opinion. We stuck to the principle of keeping our investment strategy simple and not investing in businesses we don’t understand.
3. Ethics, humility, and sharing
His ethical leadership, which values honesty, trust, and responsibility, has made him a respected figure. Despite achieving enormous wealth, he has not lost his modesty, and has been at the forefront of giving back to society.
Warren Buffett’s Wake-Up Wisdom, Inspiration
Warren Buffett’s retirement is the end of an era and the beginning of a new era. He has left behind ethics, sharing, long-term vision, and wisdom in life beyond mere investment success. His quotes and principles will forever inspire many investors, business owners, and everyday people.
PUIA 