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WARREN BUFFETT STEPS DOWN AFTER 56 YEARS, LEAVING BEHIND A WARNING ON CURRENCY DEBASEMENT
“Father Time always wins.”
Warren Buffett has stepped down as chairman of Berkshire Hathaway, ending a 56-year run at the helm of the company.
The 96-year-old will remain on the board as chairman emeritus, with his son Howard Buffett taking over as chairman.
In one of Buffett’s final years running Berkshire, he warned that the biggest long-term threat investors face is something they cannot escape, currency debasement.
“The tendency of a government to want to debase its currency over time… there’s no system that beats that.”
“The natural course of government is to make the currency worthless over time.”
#WarrenBuffett #BerkshireHathaway #InvestSmart #BuffettRetires #Binance
$FIL
$G
$BTC
WARREN BUFFETT STEPS DOWN AFTER 56 YEARS, LEAVING BEHIND A WARNING ON CURRENCY DEBASEMENT
“Father Time always wins.”
Warren Buffett has stepped down as chairman of Berkshire Hathaway, ending a 56-year run at the helm of the company.
The 96-year-old will remain on the board as chairman emeritus, with his son Howard Buffett taking over as chairman.
In one of Buffett’s final years running Berkshire, he warned that the biggest long-term threat investors face is something they cannot escape, currency debasement.
“The tendency of a government to want to debase its currency over time… there’s no system that beats that.”
“The natural course of government is to make the currency worthless over time.”
#WarrenBuffett #BerkshireHathaway #InvestSmart #BuffettRetires #Binance
$FIL
$G
$BTC
