Last week, Warren Buffett announced that he is stepping down as chairman of Berkshire Hathaway. Earlier this year, he stepped down as CEO of the $1.1 trillion conglomerate after leading it for more than six decades. Under his leadership, Berkshire Hathaway delivered a compounded annual gain nearly double that of the S&P 500, making Buffett one of the greatest and most respected investors of all time. Berkshire Hathaway today Berkshire Hathaway operates as a holding company with a vast portfolio of wholly owned businesses and a large investment portfolio.
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