$500K fine is nothing for a company that size. If they “feigned compliance,” that’s worse than the spill itself. Rules exist for a reason—follow them or stop digging.
It’s the end of an era. Buffett’s decision to “go quiet” marks a graceful handoff after decades of unmatched transparency and wisdom in business. Greg Abel stepping in feels right—steady, disciplined, and already trusted. Still, it’s hard to imagine a Berkshire meeting without Warren’s humor and plain talk. Thanksgiving letters sound like a fitting encore.
