Warren Buffett tells WSJ that he has been overlooked as CEO after feeling aging

Age is not just a number for Varne Pavite after all.

The 94 -year -old investment legend surprised the shareholders recently He announced his intention to step down like Berkshire Hathaway The CEO after an epic operation for 60 years. The reason behind the decision is the material effects of the aging that he was suffering from. A new interview with the Wall Street Journal.

“I did not really start a lifetime, for a strange reason, until I was about 90,” Journal told the newspaper. “But when you start to age, it becomes – irreversible.”

Oracle of Omoh, 95, in August, revealed to the paper that he was sometimes losing his balance, while facing problems mentioning the name of someone at times. His vision has also become less clear when reading newspapers.

This was the end of an era in Berkshire, which was the textile factory in New England for six decades and was converted into a group of its kind with companies ranging from GEICO insurance to the BNSF railway. Bavite delivers his reins in a high note as Berkchire shares are close to the highest level, giving the maximum lump a market up to about $ 1.2 trillion.

Berkshire’s Board of Directors voted unanimously to make Greg Abel, now the vice president of insurance operations, Chairman and CEO on January 1, 2026, and Bouvit to stay president.

However, Puffett said he was still sharp in making investment decisions when opportunities arise. The value investment icon is known to benefit from market disorders and depressed prices to make large purchases.

“I have no problem making decisions about something I have been making decisions for 20 years, 40 years ago, or 60 years ago,” he told the magazine. “I will be useful here if there is panic in the market because I am not afraid when things decrease in the price or everyone is afraid … This is in fact not a job of age.”

Click here to read The original WSJ story.