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Warren Buffett to retire later this year, ending run for an investing titan 

By: clo2 in FFT4 | Recommend this post (5)
Sun, 04 May 25 12:30 PM | 15 view(s)
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During Saturday’s meeting, Buffett criticized tariffs and defended global trade, arguing that the United States stands to prosper by continuing to trade with international partners freely.

Buffett had previously refrained from publicly weighing in on President Donald Trump’s efforts to levy sweeping tariffs on American adversaries and allies alike. Buffett did not directly reference Trump, but he told the Omaha audience that “trade should not be a weapon.”

“Trade can be an act of war,” Buffett said. “And I think it’s led to bad things, just the attitudes it’s brought out in the United States.”

A trade war threatens to isolate the United States from the rest of the world, Buffett said.

“It’s a big mistake, in my view, when you have 7½ billion people that don’t like you very well, and you have 300 million that are crowing in some way about how well they’ve done,” he said. “I don’t think it’s right and I don’t think it’s wise.”

http://www.washingtonpost.com/business/2025/05/03/buffett-retirement-berkshire-abel/


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