Warren Buffett Steps Down at 96 as Son Howard Takes Over Berkshire Hathaway in Historic Handover
Warren Buffett stepped down as chairman of Berkshire Hathaway at 96, handing one of the world’s best-known corporate boardrooms to his son Howard after more than five decades in the role.
Buffett will become chairman emeritus and remain a Berkshire director and shareholder, while Greg Abel continues as chief executive.
Read MoreWarren Buffett Points to One Remarkable ETF History Keeps Proving Right
Warren Buffett wrote in his 2013 letter to Berkshire Hathaway shareholders that
the trustee of his wife’s inheritance should put 90% of the cash into a very
low-cost S&P 500 index fund and 10% into short-term government bonds. The
directive was a formal instruction for the management of his estate.
» Read more about: Warren Buffett Points to One Remarkable ETF History Keeps Proving Right »
Read MoreWhy did the EU fall behind on rare earths? Connecting 5% US Treasury yields with the global economy
“Rare earths” and “5% US Treasury yields.”
At first glance, these two pieces of news seem completely unrelated, but in fact, both are themes concerning the “foundation” of the global economy.
Rare earths are essential resources that support the AI, EV, and defense industries. And US Treasury yields are said to be the benchmark that determines the flow of money around the world.
Read MoreConsumer sectors hit record low of 13% in S&P 500 market cap as tech dominance reshapes the index
The S&P 500 is slowly turning into a tech index wearing a trenchcoat. Consumer Discretionary and Consumer Staples, once pillars of the benchmark, now account for roughly 13.9% of total market capitalization, their lowest combined weight since the 1990s.
That figure deserves some context. As of mid-2026, Consumer Discretionary sits at about 9.3% and Consumer Staples at approximately 4.6%,
Read MoreSector Update: Tech Stocks Decline Pre-Bell Tuesday
Technology stocks were declining pre-bell Tuesday, with the State Street Technology Select Sector SP
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Read MoreThe Burst
Buffett’s Billion Dollar Bet Is a Halloween Treat
It’s not every day that Warren Buffett bets big on a bank outside the United States, but his latest move suggests he sees something special in one international fintech company.
The stock, relatively unknown compared to Buffett’s flagship investments like Coca-Cola or Apple, serves millions across Latin America and is elbowing into our out,
» Read more about: Buffett’s Billion Dollar Bet Is a Halloween Treat »
Read MoreThe Ivy
Sleeper IPO Making Comeback, Why Smart Money Is Watching BROS Closely
When Dutch Bros (BROS) IPO’d in 2021, it did so into the teeth of a bear market at a time when risk appetite was shrinking and new issues struggled to hold gains.
Fast-forward to 2025, and we’re starting to see signs that BROS is staging a quiet comeback,
» Read more about: Sleeper IPO Making Comeback, Why Smart Money Is Watching BROS Closely »
Read MoreThe Spotlight
51% Of Buffett’s Portfolio Is In 1 Stock
Warren Buffett is one of the most successful investors of all time. He has made billions of dollars by following a simple investment philosophy: invest in companies with strong competitive advantages that are trading at fair prices.
One of Buffett’s favorite companies is Apple now represents an astonishing 51% of his entire stock portfolio.
» Read more about: 51% Of Buffett’s Portfolio Is In 1 Stock »