Carpe Diem

Tag: Investing Wisdom

Warren Buffett at 96 beneath a mature tree, symbolizing his Berkshire Hathaway legacy as Howard Buffett succeeds him as chairman.

Warren Buffett Steps Aside at 96: Howard Buffett Takes the Chair at Berkshire Hathaway 🌳

At 96, Warren Buffett is handing Berkshire Hathaway's chairmanship to his son Howard while Greg Abel continues as CEO. Warren remains chairman emeritus—and leaves investors with something even harder to replace: six decades of wisdom, wit and wonderfully simple thinking.

 

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Symbolic image of a whiskey glass, diamond ring, and financial documents labeled margin loan on a dark table, representing Charlie Munger’s warning about liquor, ladies, and leverage.

Warren Buffett, quoting partner Charlie Munger, says there are three ways to go broke

“Liquor, ladies, and leverage.” Charlie Munger’s famous warning wasn’t a joke—it was a blueprint for avoiding financial ruin.

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