After more than six decades of stewardship, Warren Buffett has formally stepped back from Berkshire Hathaway, releasing a farewell letter that distills a lifetime of investment philosophy into guidance both personal and institutional. His son Howie assumes the chairmanship, not as a mere inheritor but as a custodian of principles Buffett spent decades refining. The letter arrives at a moment when financial culture is saturated with noise, and its blunt simplicity reads as a deliberate counterweight — a final reminder that wisdom, in markets as in life, often resists complexity.