Scott Morgan/Reuters
- Warren Buffett made several jokes about his age during Saturday’s annual shareholder meeting.
- Buffett will be turning 94 this year and has already made plans for a successor.
- “I shouldn’t be taking on any four-year employment contracts,” Buffett joked, per CNBC.
Warren Buffett is very aware that he won’t be at the helm of Berkshire Hathaway forever.
The 93-year-old Berkshire Hathaway Chairman took the stage on Saturday at the company’s annual shareholder meeting to reflect on how the company should operate when he no longer calls the shots.
Buffett, who took over the investment company in 1965, has long expressed the desire to keep making decisions at Berkshire Hathaway for as long as he can — he said during the meeting that “anybody that wants to retire at 65 would be disqualified from being CEO of Berkshire.”
But the multi-billionaire acknowledged, humorously at times, that he does have his limits.