Buffett Hands Off Annual Letter to Successor Abel, WSJ Reports

Warren Buffett will skip writing Berkshire Hathaway Inc.’s widely read annual letter in February, handing the duty to his successor, Vice Chairman Greg Abel, according to the Wall Street Journal.

The 95-year-old billionaire will still publish a Thanksgiving letter on Nov. 10 addressed to his children and shareholders, the newspaper reported, citing Buffett’s assistant.

Buffett plans to step down as Berkshire’s chief executive officer at year-end, handing over the firm he built and led for six decades to his 63-year-old vice chairman. Buffett will remain chairman.

The famed investor also reportedly won’t take questions at his firm’s ...