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This year's Berkshire Hathaway shareholders' meeting was packed with more than 20,000 shareholders gathered together.
When 94-year-old Buffett closed his notebook and slowly stood up, the entire room fell silent for a moment. Then, thunderous applause erupted, washing over the venue like a tidal wave, lasting for over a minute. This was the most special moment in his 60 years at the helm of Berkshire. The 'Oracle of Omaha' announced his retirement by the end of this year, with his longtime associate Greg Abel, who had followed him for over two decades, named as successor. Surprisingly, the legendary investor didn't discuss stocks or wealth creation in his final remarks. Instead, facing the camera like a grandfatherly neighbor, he shared five simple life lessons. His first piece of advice, delivered with steady eye contact: 'Choose the right life partner...'
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