Month: May 2025

[ad_1] "I think the time has arrived where Greg should become the Chief Executive office of the company at year end," Buffett said. Warren Buffett, the world’s most famous investor, has revealed his decision to step down as Berkshire Hathaway's CEO by year-end, appointing Greg Abel, a 62-year-old low-key Canadian executive and one of his trusted associates, as his successor.Berkshire acknowledged Abel's position as Buffett's successor in 2021, following Charlie Munger's inadvertent disclosure during the annual meeting. Although Abel has maintained a relatively low profile under Buffett's leadership, shareholders have had opportunities to become acquainted with him through his appearances at annual meetings and media interactions.The Berkshire board is set to conduct a vote regarding Abel's formal appointment as the new CEO, with the transition planned for the end of 2025. At the Omaha annual meeting, Buffett expressed confidence in […]

[ad_1] Chennai Super Kings' MS Dhoni during the Indian Premier League (IPL) 2025 cricket match against Royal Challengers Bengaluru in Bengaluru. (PTI) Former Australia cricketer Adam Gilchrist has questioned MS Dhoni's tactical decisions and batting performance following Chennai Super Kings' two-run defeat against Royal Challengers Bengaluru at M Chinnaswamy Stadium on Saturday. The loss marked RCB's first-ever double victory over CSK in a single IPL season, further extending the five-time champions' poor run in IPL 2025.Gilchrist specifically criticised Dhoni's decision to use Khaleel Ahmed in the 19th over instead of Anshul Kamhoj or Ravindra Jadeja. Khaleel, who had already conceded 32 runs in his first two powerplay overs, was hit for 33 runs by Romario Shepherd in the penultimate over.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!"Tactically, I don't know if a huge difference could have been made. […]

[ad_1] Khawaja Asif. (File photo) Pakistan’s defence minister Khawaja Asif has threatened that his country will target any structure built by India on the Indus River if it goes against the Indus Waters Treaty (IWT), which New Delhi recently suspended after the April 22 Pahalgam terror attack. Speaking on a programme of Pakistan News channel Geo News on Friday, Asif said, "Certainly, if they (India) attempt to build any kind of structure, we will strike it." He said that any construction on the Indus River would be seen as "Indian aggression" towards Pakistan. "Aggression is not just about firing cannons or bullets; it has many faces. One of those faces is [blocking or diverting water], which could lead to deaths due to hunger and thirst," he added.Pak Defence Minister Threatens To Strike Indian Water Projects, BJP Hits Back Strongly Asif […]

[ad_1] Warren Buffett’s six-decade reign at Berkshire Hathaway is filled with stories of staggering profits, philosophical pivots, and a few painful lessons. As the 94-year-old “Oracle of Omaha” announces plans to retire as CEO by the end of 2025, the spotlight is once again on the investments that made, and occasionally unmade, his fortune.The genius moves Buffett’s eye for undervalued companies turned modest bets into generational wealth: Apple: Despite avoiding tech for years, Buffett dove into Apple in 2016, calling it a “consumer products company.” A $31 billion investment swelled to over $174 billion at its peak. American Express, Coca-Cola, Bank of America: Buffett snapped up these giants when they were out of favor. Together, they've returned over $100 billion, not including decades of dividends. BYD: Acting on Charlie Munger’s advice, Buffett bet $232 million on the Chinese EV maker […]