Warren Buffett will leave Berkshire Hathaway – EASY

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Listen to the story (British accent)

Warren Buffett is a famous investor. He is the CEO of a big company called Berkshire Hathaway.

He will quit his job at the end of this year. He doesn’t want to be the CEO anymore.

Warren Buffett is 94 years old.

A man named Greg Abel will be the new CEO. Greg Abel also works at the company.

Warren Buffett made his company very, very big. His company has many different businesses, like an ice cream company and a company that sells car insurance. It also owns parts of big companies like Apple and Coca-Cola.

People say Warren Buffett is a very good investor. He is one of the richest people in the world.

Other CEOs like Warren Buffett. The CEO of Apple, Tim Cook, said Warren Buffett helps many people.

Warren Buffett also talked about different countries buying and selling things together.

Warren Buffett has lived in the same house for 65 years. He also helps a lot of people with his money.

Vocabulary

  • Famous – Many people know it; Well-known or admired by many people
  • Investor – A person who puts money into a company or property and hopes to get a profit/more money
  • CEO (Chief Executive officer) – the top person in a large company; president; boss
  • Quit – to stop doing; to give up; to cancel; to leave a job
  • Anymore – no longer; from now on; If you do not do something or something does not happen anymore, you have stopped doing it or it does not now happen
  • Ice cream – a very cold, sweet food made from frozen milk, cream, or fruit, with sugar, often with a flavor, such as vanilla or chocolate: 🍦
  • Sell – To give something in exchange for money; to give a product or service and get money for it
  • Insurance – a service or protection that helps you if something bad happens, like getting sick or having an accident; A type of protection that pays for something if it is lost, damaged, or stolen
  • Own – To have something that belongs to you; To have something as yours; something is yours
  • Part – a piece of something; a section of a whole thing; not the whole thing
  • Rich – a person that has a lot of money; to have a lot of money

Discussion Questions

  • Warren Buffett is very famous. What do you think makes someone famous in business?
  • Warren Buffett is 94 years old and stopping his job. Do you think it is important for people to stop working when they are old? Why or why not?
  • Warren Buffett’s company owns different businesses like ice cream and insurance. Do you think it is good for one company to own many different things? Why?
  • Warren Buffett has a lot of money and gives it to help people. If you had a lot of money, would you give some away? Why or why not?
  • He lives in the same house for a very long time, even though he is rich. Do you think it is important for rich people to live simply?

Original Story

Fill-in-the-Blank Listening Practice

Listen to the story (British accent)

Warren Buffett is a _____ investor. He is the CEO of a big company _____ Berkshire Hathaway.

He will quit his job at the _____ of this year. He doesn’t want to be the CEO _____ .

Warren Buffett is _____ years old.

A man named Greg Abel _____ be the new CEO. Greg Abel also works at the _____ .

Warren Buffett made _____ company very, very big. His company has many different _____ , like an ice cream company and a _____ that sells car insurance. It also owns parts of big companies like _____ and Coca-Cola.

People say Warren Buffett is a _____ good investor. He is one of the richest people in the _____ .

Other CEOs like Warren Buffett. _____ CEO of Apple, Tim Cook, said Warren Buffett helps _____ people.

Warren Buffett also _____ about different countries buying and selling _____ together.

Warren Buffett has _____ in the same house for 65 years. He also helps a lot of people with _____ money.