New York Times (May 6)
When Warren Buffet unexpectedly announced his retirement at the end of 2025, “people in the crowd, many of whom were in tears, rose from their seats in a standing ovation for a singular figure in the business world.” The Oracle of Omaha, as he is known, “is often described as a symbol of American capitalism. In truth, he is an outlier. He is more the conscience of capitalism, willing to speak uncomfortable truths about the system’s ills while others remained silent.” A humble billionaire, Buffet “always comes across as a gentleman, and in an age of distrust he has become a trusted figure.” No doubt, another “of his biggest accomplishments” was “using his annual Berkshire letters and marathon Q&A sessions with shareholders to educate generations about business, investing and life itself.”
Tags: Berkshire, Buffet, Capitalism, Conscience, Educate, Gentleman, Humble, Oracle of Omaha, Outlier, Ovation, Q&A, Retirement, Shareholders, Tears, Trusted, U.S., Uncomfortable truths
Wall Street Journal (December 17)
“History is on speed-dial these days, and the latest seismic shift is Japan’s announcement Friday of a new defense strategy and the spending to implement it.” Credit for this historic change goes to Prime Minister Fumio Kishida “for taking the political risk to educate his country about the growing threats from China and North Korea and how to deter them.”
Tags: China, Defense strategy, Educate, Historic change, History, Japan, Kishida, North Korea, Political risk, Seismic shift, Spending, Threats
