Berkshire Hathaway shares fall 6.7% after Warren Buffett announces retirement in 2025

Since Warren Buffett announced his retirement effective May 2025, Berkshire Hathaway's stock has declined by about 6.7%, underperforming the S&P 500 which rose nearly 28% over the same period. Buffett transformed Berkshire from a textile company into a major investment powerhouse, with class A shares soaring from $19 in 1965 to over $700,000 today. However, in recent years, Buffett's cautious investment approach and lack of major new bets may have contributed to the stock's underperformance. The market now seems to be pricing in uncertainty about Berkshire's future without Buffett at the helm.