'I am going quiet': Warren Buffett says will no longer write annual letters in a poignant note filled with grace
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Warren Buffett, the legendary investor and one of the world’s most admired business figures, announced that he would "go quiet" after nearly six decades of writing Berkshire’s annual letters -- documents that became a bible for investors worldwide. However, he said that he would continue to communicate with shareholders through his annual Thanksgiving message, which he described as a way to "stay in touch with a very special group who are unusually generous in sharing their gains with others." "I will no longer be writing Berkshire's annual report or talking endlessly at the annual meeting," Buffett wrote. "As the British would say, I'm going quiet." His long-time lieutenant Greg Abel will officially take over as Berkshire's chief executive by year-end, closing a chapter that has defined one of the most successful business partnerships in modern history. Buffett’s latest note is less of ...