LVMH boss Bernard Arnault raised his job's retirement age to 80. Warren Buffett told him that age limit was too low. [Business Insider]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Business Insider
The investor told the luxury tycoon suggested he should have lifted it higher, Bloomberg reported. Berkshire Hathaway's 93-year-old CEO has argued that great bosses only get better with age. After Bernard Arnault raised the retirement age for his job from 75 to 80 in 2022, Warren Buffett wrote to the luxury tycoon suggesting he should have hiked it higher. The famed investor and Berkshire Hathaway CEO penned a letter to the LVMH CEO "telling him he made a mistake by setting the age limit too low," Bloomberg reported this week. Buffett, 93, might be proven right. Arnault, 75, doesn't expect to retire anytime soon. "I don't think he'll ever stop," one of his sons told Bloomberg. Like Buffett, Arnault reportedly loves what he does, takes pride in building one of the world's largest companies, and feels a duty to protect its legacy and continuity when he hands it off to the next generation. The two men have plenty more in common. They both rank among the world's richest peopl
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- Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death [Yahoo! Finance Canada]Yahoo! Finance Canada
- Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death [Yahoo! Finance]Yahoo! Finance
BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 6/28/24 - Form SC
- 6/28/24 - Form 4
- 6/28/24 - Form 11-K
- BRK.B's page on the SEC website