New York, USA – Na wah! Warren Buffett, di big gbese manager wey dey run Berkshire Hathaway since 1965, don release im final letter to shareholders as im prepare to bow out at di end of dis year. At 95, e no go just disappear, but e dey plan to ‘go quiet’ as di British go talk.
Buffett no go dey churn out di annual report wey don become im trademark, but e go still drop annual Thanksgiving message. Plus, dis man dey plan to scatter im $149 billion wealth through philanthropy. Talk about giving back (make people fit enjoy some small palm wine for house).
Di Oracle of Omaha wey dem dey call am, don become more than just investor; him don turn into local celebrity too! Though dem dey follow im market moves like hawks, e still dey project good vibes about America and capitalism. As im dey phase out, Greg Abel go take over di reins next year, and di dude already dey shine for di position since 2021.
Buffett praise im successor well-well, wey he say don meet di high expectations wey im set. But make we no lie, di big question be: how di company go thrive without di wisdom of di great oracle? E don pass six decades wey dis man dey run tings and him still dey operate for office five days a week. Where dem dey find dat kind energy? (Sabi say na old age dey come with e own wahala).
In di letter, e mention as e don donate 1,800 shares worth $1.35 billion to four family foundations as e dey rush to give away im estate before e japa. E wan make sure as dem no go carry di kasala come after im don go, hence him dey ‘step up di pace’ for di gifts. Wetin sweet pass? Na di fact say dis man still dey enjoy di good life even though e dey move slow and reading don become wahala for am.
In di letter, Buffett talk say choices wey dem go make for di future go determine wetin happen to di billions he don accumulate. Dem go sabi carry di wealth with sense as him children, dey all in dem twilight years. No forget say dem all don cross di retirement finish. E no wan pass di pressure to dem since wisdom don enter dem head. He don set dem up well to make sound decisions about di funds.
As E dey talk, e dey clear, Buffett still strong on di faith wey e get for Berkshire. E dey confident say di company go dey okay after e don wave bye-bye. Dem shares don rise over 10% dis year alone, and di company dey soak di $1 trillion market cap! E say, “Berkshire’s businesses get moderate vibe wey fit lead to average prospects.” Nigeria people sabi say, na big man dem go end up good any how.
From di annual meeting wey dem dey call di ‘Woodstock for capitalists’, to im sweet tooth for Dairy Queen ice cream, Buffett’s legacy no go too easily fade. Greg Abel wey go take over no fit match di vibe wey di old man dey bring, but time go tell if e fit carry di company waka far as di Oracle wey don dey do am for over 60 years.
Na so e be, my padi! Make we dey look as di new ‘Chief Sippy’ dem go run di show. We go dey here to catch di gist for sake of all di investors wey still believe say ‘better days dey come’. Happy Thanksgiving to all; even di jerks dey need to change, no forget say kindness no get price but e dey priceless.
Do you have a news tip for NNN? Please email us at editor@nnn.ng

