Fact checked by Vikki VelasquezWarren Buffett’s Berkshire Hathaway Inc. (BRK.A, BRK.B) is the single largest private holder of U.S. Treasury bills, surpassing even the Federal Reserve’s own holdings.

Little did they know that days after they had pushed Berkshire’s class A shares to a record, Buffett would announce he planned to step down as chief executive. Since then, the conglomerate’s high-vote A shares have fallen 14 per cent,

Berkshire Hathaway’s stock price has declined following Warren Buffett’s announcement that he will step down as Chief Executive Officer of the conglomerate. The market reaction highlights investor uncertainty about the company’s future leadership and direction.