Meeting interest was off the charts this year—because it was widely assumed to be Warren’s farewell.

Sure, it was a shock to hear. You never know the exact timing, but what better place to announce his year end “retirement” —than the Annual Meeting.

I strongly suspect Warren retains the Chairman’s job until his passing. He’ll also be involved in any large deals because there’s no heavy lifting and a ton of benefit for the company. And it’s his baby!

We are all so incredibly grateful for his teaching, his generosity, and the life changing economic benefits so many of us have enjoyed.

I recall the great pride Warren felt when he announced in the 1980s his Alice Buffett Outstanding Teaching Awards to honor the best Omaha teachers. Ben Graham, Warren’s dad, Charlie, and his aunt Alice were perhaps the 4 most influential people in Warren’s life IMO— all people who taught Warren the moral imperative of teaching and sharing wisdom. Warren to me is a teacher first. We are among the many thousands, maybe millions, of his incredibly lucky students. His legacy will live through millions…long after his CEO tenure.