Warren Buffett, the 95-year-old chairman of Berkshire Hathaway , said on Monday that “becoming old” is “not to be denied” as he prepares to end his tenure as CEO of the legendary investment company.

The billionaire, dubbed the Oracle of Omaha for his long run of money-spinning stock picks , also gave a rare update on his health before his hand-picked successor, Greg Abel, takes over at the end of this year.

“To my surprise, I generally feel good. Though I move slowly and read with increasing difficulty, I am at the office five days a week, where I work with wonderful people,” Buffet wrote. “I was late in becoming old … but once it appears, it is not to be denied.”

Buffett is handing over the reins as CEO of Berkshire Hathaway to his successor Greg Abel at the end of the year. REUTER

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