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Warren Buffett Steps Down as Berkshire Chairman, Names Son to Replace Him

323 points · 221 comments · saimiam

  1. Zaraif13 · · focus · HN ↗
    To anyone who owns BRK-B shares (or BRK-A if you have that kind of money), over the next decade your money will likely grow on par with if not at a slightly higher rate than keeping it in an S&P 500 Index fund. Regardless of board or management changes, BRK will stay a better long term bet than an index fund. Both options have similar amounts of risk.
    1. bitpush · · focus · HN ↗
      How are you this confident about the future?
      1. IshKebab · · focus · HN ↗
        Easy, by not understanding it.
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