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Berkshire Rocked: Legendary Oracle Exits As Stocks Nosedive In Dangerous New Gamble

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Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025.

David A. Grogen | CNBC

IT’S OVER. The IMMEDIATE COLLAPSE of Wall Street’s most sacred cult began today as Berkshire Hathaway shares PLUMMETED the moment the Oracle of Omaha relinquished his throne. The market’s verdict is clear and BRUTAL: investors have NO FAITH in successor Greg Abel. The shocking 1.7% nosedive on his first day as CEO is a BILLION-DOLLAR BETRAYAL of the Buffett legacy, signaling a terrifying new dawn for the titan’s loyal followers.

The empire is ALREADY FALTERING, having lagged the surging S&P 500 for years while hoarding a BLINDING $381.6 BILLION cash mountain—proof that even Buffett lost his golden touch. His anointed successor now holds the keys to this unprecedented war chest, with Buffett’s hollow reassurances ringing like a funeral dirge. “Greg will be the decider,” the 95-year-old legend declared, a chilling abdication of responsibility that leaves shareholders exposed to an UNTESTED and potentially reckless new regime.

This ISN’T a transition; it’s a CORPORATE COUP by a committee that has watched the magic fade. The relentless equity sales, the staggering cash hoard, the market-trailing returns—all were warning signs of a dynasty in decay, now confirmed by the panicked sell-off. The cult of personality that built a 5.5 MILLION PERCENT return has been SHATTERED in a single afternoon.

The terrifying truth is now laid bare: the greatest investing story ever told has reached its FINAL CHAPTER, and the heirs are already burning the book.



Edited for Kayitsi.com

Kayitsi.com
Author: Kayitsi.com

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