Warren Buffett Says "Father Time Always Wins." History Says Investors Who Do This 1 Thing Will Win Out Anyway.
Key PointsWarren Buffett has stepped down as Chairman of Berkshire Hathaway and will be succeeded by his son, Howard.
Warren Buffett, at the age of 96, has published his farewell letter to Berkshire Hathaway investors, acknowledging that "Father Time always wins." The billionaire investor has been generous with Berkshire's track record, which has seen per-share market value compound at an impressive 19.7% annually from 1965 to 2025. This extraordinary growth has transformed a modest $100 investment into a staggering $6.1 million.
In comparison, the S&P 500, with dividends included, has only managed to grow $100 into about $46,000 over the same period.
As Berkshire Hathaway completes its transition, with Greg Abel as CEO and Buffett's son Howard as Chairman, Buffett's investment philosophy serves as a powerful reminder that investors can still triumph over time, regardless of its relentless march.
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