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Buffett will not longer write Berkshire annual letter, WSJ reports

Berkshire Hathaway’s (BRK.B) (BRK.A) next annual letter to shareholders will be written by incoming CEO Greg Abel and not Warren Buffett, Krystal Hur of Wall Street Journal reports, citing a confirmation by Buffett’s assistant. Abel will lead Berkshire’s annual meeting and starting next year, Buffett, who will remain chairman, will sit with the company’s other directors, according the Journal.

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