Buffett announces his retirement; A Kiwi's view from Omaha

Every year, tens of thousands of investors make the pilgrimage to Omaha, Nebraska, for what’s become known as the “Woodstock of Capitalism”—the Berkshire Hathaway annual meeting (AGM). In 2025, more than 30,000 people showed up in person, with millions more tuning in via CNBC.

But this year’s gathering was especially significant. It marked the end of an era. Warren Buffett—known globally as the Oracle of Omaha—formally stepped down as CEO of Berkshire Hathaway, the world’s tenth largest company (or moreso an investment conglomerate). After more than 60 years of investment leadership and wisdom-sharing, this was his final act.

Buffett has never relied on flash or hype. His appeal comes from his ability to explain complex ideas simply and candidly. For over four decades, he’s used the AGM stage to reflect on markets, share lessons, and field questions with dry humour and humility. It’s why advisers, everyday investors, and finance fans—right here in New Zealand—hang on his every word.

1. Buffett’s Rules for Smart Investing