Current Affairs - Awards and Honours - Discussion

Warren Buffett, renowned as the Oracle of Omaha, stepped down as CEO of Berkshire Hathaway after leading the company since 1965. During his nearly six-decade tenure, Buffett transformed the struggling textile manufacturer into a diversified global conglomerate valued over $1 trillion, with major stakes in Apple, Coca-Cola, and American Express, and full ownership of businesses like BNSF Railway and GEICO. His value-based investing philosophy and decentralised management style defined the company’s long-term success. Buffett continues as chairman to maintain strategic oversight, while Greg Abel assumes the CEO role, ensuring continuity and stability in Berkshire Hathaway’s leadership and investment approach.