Buffett Throws in the Towel: Will Berkshire Bet Big on Bitcoin After All These Years?
May 3rd – Shareholders’ jaws fell so fast they could have used airbags. The perennial billionaire, reported on Yahoo! Finance (that modern pamphlet of sorrows), calmly declared: “I am stepping down.” For more than half a century, Berkshire Hathaway was his fortress. Now he signals the drawbridge is lowering, and who gallops across? Greg Abel, Vice Chairman. Some say he learned of his new stewardship the same way one learns of snow in Siberia: suddenly, and not at all comfortably. Buffett, that sly fox, says he’ll linger in the wings, a minor player. Translation: He’s the guy at the chessboard who moves pieces with a cough.







