"Stock God" Buffett to retire at the end of the year, Berkshire (BRK.A.US) stock price falls

According to the ZhuTong Finance APP, on Monday the US stock market plunged more than 6% in early trading. On the news front, on May 3, local time, "Stock God" Warren Buffett announced at the Berkshire Hathaway shareholder meeting that he plans to retire by the end of the year and will recommend vice chairman of non-insurance business Greg Abel to succeed him as CEO of Berkshire Hathaway at the end of the year. He believes that the timing is right for Abel to become the CEO of the company.