Warren Buffet’s retirement marks end of an investing advice era

May 24, 2025

For one thing, his investment record is mind-boggling. As economist Noah Smith noted, if you invested $1,000 in the S&P 500 in the mid-1960s, you’d have several million dollars by now. Invest in Buffett’s stock-picking acumen by owning shares in Berkshire Hathaway, and you’d have more than a billion dollars.