2026-01-01 03:44:48

On January 1, 2026, 95-year-old Warren Buffett officially stepped down as CEO of Berkshire Hathaway, ending a 60-year leadership era. At this moment, a financial era has come to a close.

At the time of his departure, Berkshire Hathaway left behind several figures worth pondering: a market value surpassing trillion and cash reserves exceeding $350 billion. This is not just a accumulation of wealth but a tangible embodiment of an investment philosophy.

Interestingly, renowned investor Duan Yongping publicly stated that he repeatedly watched this investment master’s classic speech from 1988 ten times, calling it worth a fortune. Those seemingly simple investment principles—focus, patience, deep understanding of the business—are the underlying logic that allows Buffett to outperform the market over the long term.

From a certain perspective, Buffett’s investment career essentially proves one thing: stability, rationality, and avoiding systemic errors are the right path to wealth. In this noisy market, such insights are especially valuable.

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TestnetNomad

· 01-03 11:49

60 years, that's incredible. It's already impressive if we can stick to one thing in our lifetime. 350 billion in cash reserves—that's the real safety margin. I believe the story of Duan Yongping; simple things are often the hardest to accomplish. Avoiding systemic errors sounds easy, but in practice, it's extremely difficult. Behind the trillion-dollar market cap is decades of consistent, rational decision-making.

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DAOdreamer

· 01-02 04:02

6 comments: 1. Speaking of 60 years, that’s quite resilient. We short-term traders probably wouldn’t even dare to imagine it. 2. 350 billion in cash reserves... Truly incredible. What kind of opportunity are they waiting for? 3. Basically, it’s the same old theory—stability outweighs everything, but it’s just hard. 4. Watching Duan Yongping’s speech 10 times, we need to do our homework. 5. An era has passed. Can the next successor replicate this? Feels uncertain. 6. Some people are collecting money until 95 years old, while we’re still trading on the market. The environment is really different.

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MEVSandwichMaker

· 01-01 22:50

60 years, huh? An era really just passed like that... But on the other hand, the 350 billion cash reserve number is a bit scary. Why not go all in? --- Focus, patience, no mistakes? Easy to say, hard to do. I just want to know if his successor can hold up this philosophy. --- Duan Yongping watched the speech 10 times... I watched it twice and still didn't understand, maybe my brain isn't enough. --- A trillion-dollar market cap sounds great, but I'm more curious about why that 350 billion in cash hasn't been deployed yet. What are they waiting for? --- Honestly, in the crypto world, you can't really use this stable and rational approach. It's all gambler's mentality. --- Resigning actually makes me think Berkshire Hathaway might undergo changes. Will the next generation be more aggressive? --- I've learned not to make systemic errors, but unfortunately, applying that to the crypto circle just leads to bankruptcy.

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HallucinationGrower

· 01-01 04:14

60 years, that's crazy. What have we been doing in the crypto world all these years, haha. I also want to review those ten lessons from Duan Yongping. It's easy to say not to make systemic errors, but it's not that simple. 99% of people in the crypto world are probably stuck in systemic errors. This is the real wealth machine, not relying on leverage and luck. Buffett's success lies in not following the trend. We need to learn this. 350 billion in cash reserves... Tsk tsk, having food on hand keeps the mind at ease. Focus, patience, understanding the business. In short, don't mess around.

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SignatureAnxiety

· 01-01 04:14

60 years, truly an era... But to be honest, this market is now filled with the mindset of quick money, and how many people really understand his approach? A 350 billion cash reserve not invested—are they holding onto opportunity or fear? I remember the example of Duan Yongping, but the problem is there's a huge gap between knowing and doing. Stability, rationality, avoiding mistakes—sounds ridiculously simple, but why are most retail investors still chasing the hot trends and the latest fads? That's the core issue.

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SchrodingerWallet

· 01-01 04:12

With Buffett's departure, it really feels like it's over, 60 years... That 350 billion in cash reserves is truly incredible. This old man is a textbook-level example; not being greedy is the greatest form of greed.

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NftMetaversePainter

· 01-01 03:58

honestly though... the algorithmic beauty of buffett's 60-year data stream is what gets me. like yeah, compound interest goes brrrr, but have you considered the immutable logic embedded in his decision-making? that's basically the blockchain primitive of traditional finance lmao

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