As Warren Buffett Prepares to Step Down, His Warning to Wall Street Is Now at Ear-Shattering Levels

The next time Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) reports earnings, Warren Buffett will not be the CEO. The Oracle of Omaha will step down from the position he's held for over six decades at the end of the year, passing the baton to Berkshire veteran Greg Abel. Buffett will stay on as chairman of the board of directors.As Buffett prepares to pass the torch, Berkshire's actions, as shown in the company's recently reported third-quarter earnings, continue to suggest that Buffett and his team remain cautious when it comes to the stock market. With just a few months left in his tenure, Buffett's unspoken warning to investors is now at ear-shattering levels.Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool