WARREN BUFFETT, 'ORACLE OF OMAHA' AND LEGENDARY INVESTOR , RETIRES AT 95
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Warren Buffett, the legendary investor best known for turning a failing textile firm into the massive conglomerate Berkshire Hathaway, retired as CEO on Tuesday in Omaha, NBC News has confirmed. He was 95.
His successor, Greg Abel, is set to take the helm of the business on Thursday. Buffett will remain chairman. Reflecting on the ethical standards he demanded during his tenure, Buffett once famously testified to Congress: "Lose money for the firm and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless." His distinct combination of immense financial success and folksy sagacity redefined investing for the American public.








