Warren Buffett will release a letter to his three children and Berkshire Hathaway (BRK.B) shareholders on Nov. 10, a month before he is due to step down as CEO of the holding company he has run for 60 years.
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The 95-year-old Buffett is stepping down as chief executive of Berkshire Hathaway at year’s end but will remain chair of the company’s board of directors. Greg Abel, age 63, a longtime Berkshire executive, will become the new CEO of the diversified holding company.
Abel will write Berkshire Hathaway’s annual shareholder letter in February 2026 after assuming the CEO role. He has been handling additional duties at Berkshire Hathaway since Buffett announced in May that he is stepping down from day-to-day leadership of the company he has run since 1965.
Letter to Shareholders
At next year’s annual meeting, Buffett plans to sit in the audience with other board members rather than on stage and answer shareholders’ questions as he has done for decades, marking a major shift in his role as the face of Berkshire Hathaway.
The contents of Buffett’s upcoming Nov. 10 letter remain unclear. In similar letters issued in November 2023 and 2024, he discussed estate planning, expressed gratitude for opportunities provided by the U.S., and announced various charitable donations, including to organizations run by his children. The exact contents of the upcoming letter are not known.
Omaha, Nebraska-based Berkshire Hathaway is scheduled to release its third-quarter financial results on Nov. 1.
Is BRK.B Stock a Buy?
Only a couple of analysts currently offer a rating and price target on Berkshire Hathaway’s more affordable Class B stock. So instead, we’ll look at the shares’ three-month performance. As one can see in the chart below, shares of BRK.B have risen 0.99% in the last 12 weeks.
