Warren Buffett says he'll keep penning letters, and speed up his giving but retain a big Berkshire stake until his successor wins over shareholders.

Buffett promised to keep in touch with shareholders through Thanksgiving letters in the future, but he confirmed that next year Greg Abel will take over Buffett's famous yearly letter and answer all the questions at the annual meeting after he becomes CEO in January. Buffett will remain chairman.

Warren Buffett told Berkshire Hathaway shareholders, in a Thanksgiving letter, he plans to "step up" charitable giving from his $150 billion estate.

Warren Buffett says he’s giving away about $1.4 billion to four family foundations in the weeks before he retires, then will eventually give away the rest of his $150 billion fortune.

Warren Buffett says you should decide what you want your obituary to say and then live your life to deserve it.

Berkshire’s Class A shares are up around 10% this year, underperforming the S&P 500 index. Berkshire launched the Class B shares in 1996 in response to investment trusts that offered small investors access to Berkshire’s investment success.

Buffett, in a Thanksgiving letter, said he needs to accelerate the disbursement of his Berkshire stock to his three children's foundations.

(Reuters) -Warren Buffett on Monday gave a full-throated endorsement to Greg Abel, who will replace him as Berkshire Hathaway's chief executive in January, and said he will continue holding a significant number of Berkshire shares to reassure shareholders about the changeover.