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Warren Buffett steps down as Berkshire chairman after 61 years with 19.7% annual returns.

Market News
02 Oct 2026
Johnny Rice
View Source
Neutral
Warren Buffett steps down as Berkshire chairman after 61 years with 19.7% annual returns.

Warren Buffett has stepped down as chairman of Berkshire Hathaway after leading the company for 61 years and delivering an impressive annual return of 19.7%. This marks the end of an era for the investment giant, raising questions about the future leadership and performance of Berkshire. Shareholders may be concerned about how the company will maintain its strong track record without Buffett at the helm.

Warren Buffett's 61-year tenure as Berkshire Hathaway chairman ended after delivering a 19.7% annual return, marking a significant leadership change. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 02, 2026 15:11 WIB: out of 85 priced US Financials stocks, 60 rose and 19 fell. Notable movers include RIOT at USD 20.03 (+2.14%), HOOD at USD 113.40 (+2.02%), and GEMI at USD 5.17 (+1.97%), with strong buy interest on Pluang.

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