Warren Buffett’s unexpected resignation as CEO of Berkshire Hathaway has sent ripples through the market, leading to a significant drop in the company’s stock price. On May 3rd, 2025, Buffett announced his stepping down by year-end, surprising investors and causing a 5% immediate decline in the company’s shares. Greg Abel, currently an executive with Berkshire Hathaway, has been approved by the board to succeed Buffett as CEO. While this transition marks a significant change, it’s worth noting that Buffett remains chairman of Berkshire Hathaway. The market’s reaction reflects investor anxieties regarding the future leadership, prompting some analysts to suggest that investors may be missing an opportunity due to the short-term market dip.