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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹🐝🐝🐝🐝 SILVER
SHREWD   😊 😞
Number: of 15053 
Subject: Re: Wow Warren stepping down as CEO
Date: 05/04/2025 4:48 AM
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I have no idea how or why he would say this? “I have no intention — zero — of selling one share of Berkshire Hathaway. I will give it away eventually,” Buffett said. “The decision to keep every share is an economic decision because I think the prospects of Berkshire will be better under Greg’s management than mine.”

I can think of a couple of reasons.

I think the "not selling" comment is just to emphasize to the less informed in the world's investment community that this is not a case of "I'm done, I'm out, ditching my stock tomorrow". It preempts one of the more idiotic potential causes for a price crash on Monday. And for those in the know, a reminder that his plan remains in place to sell none and leave it all to charity in a way that liquidation is gradual--nothing unexpected is happening.

The "decision to keep every share" being economically sensible emphasizes that "not selling" notion, while expressing confidence in the future value growth. And, if one squints, a reminder that he's not dead yet.

Jim
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