LONDON: On Remembrance Sunday, Prince Charles will lay Queen Elizabeth II’s wreath honoring Britain’s war dead as she watches on — a rare public symbol of the 91-year-old gradually scaling back her duties.
It will be a milestone moment in the otherwise imperceptibly slow-motion process, as her eldest son, now 69, increasingly steps up on her behalf.
Experts said Britain’s oldest-ever monarch would never consider abdication or even a regency by her son, having sworn to serve her people for life.
But Charles, the heir to the throne, will steadily take on more duties outside the core constitutional obligations of her job.
“A very great deal can be done to scale back her public roles progressively and informally,” Bob Morris of the Constitution Unit at University College London told AFP.
“There are ways of handling a lot of the public functions which don’t necessarily require the queen personally to undertake them,” he said.
“Remembrance Sunday is a very good example.”
The ceremony is one of the core annual occasions when Britons expect to see their monarch center-stage.
She has missed it only six times in her 65-year reign: twice when pregnant and four times when overseas.
Sunday’s service at the Cenotaph memorial in London involves walking backwards down steps and standing still for a long time in often chilly and damp weather.
Queen Elizabeth will be looking on from a Foreign Office balcony, alongside her 96-year-old husband Prince Philip, who retired from public duties in August.
“The queen wishes to be alongside the Duke of Edinburgh and he will be in the balcony,” a Buckingham Palace spokeswoman said.
A palace source suggested this would set the pattern for future Remembrance Sundays.
By joining her retired husband in this way, the queen opens the door to doing likewise at other events — and has set a precedent as to what she herself might do as she ages.
Some reports suggest she could eventually retreat into seclusion in Scotland, like her great-great-grandmother queen Victoria did after her husband Prince Albert died.
Queen Elizabeth’s official engagements have already dropped 22 percent from the 425 in her 2012 diamond jubilee year to 332 in 2016.
She has not made any long-distance trips since 2011.
Charles and his wife Camilla now do the bulk of such visits, such as their 11-day tour of four Asian Commonwealth countries which ended Thursday.
As the heir, Charles has for years been reading the red boxes of official state papers that are also examined by his mother, shadowing her work in preparation.
As Prince of Wales, Charles is outspoken on topics such as the environment, architecture, farming and youth skills.
His activism is partly fueled by knowing that his time is limited and he will be unable to do so as king.
Royal author Penny Junor, an expert on Charles and Camilla who recently wrote “The Duchess: The Untold Story,” said the prince was in no rush to become king.
“I don’t think Charles is itching to get his hands on his mother’s duties. He has a very full life already,” she said.
“He really enjoys what he does. When he becomes king, he can’t be so hands-on.”
Junor said it was the queen, not Charles, who was driving the process of handing over duties, and would progressively be “more and more realistic about what it is that she can do.”
Britain’s Prince Charles steps up as Queen steps back
Britain’s Prince Charles steps up as Queen steps back
Some Warren Buffett wisdom on his last day leading Berkshire Hathaway
OMAHA, Nebraska: The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathaway’s annual meetings.
Buffett’s last day as CEO is Wednesday after six decades of building up the Berkshire conglomerate. He’ll remain chairman, but Greg Abel will take over leadership.
Here’s a collection of some of Buffett’s most famous quotes from over the years:
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“Be fearful when others are greedy, and greedy when others are fearful.”
That’s how Buffett summed up his investing approach of buying out-of-favor stocks and companies when they were selling for less than he estimated they were worth.
He also urged investors to stick with industries they understand that fall within their “circle of competence” and offered this classic maxim: “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
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“After they first obey all rules, I then want employees to ask themselves whether they are willing to have any contemplated act appear the next day on the front page of their local paper to be read by their spouses, children and friends with the reporting done by an informed and critical reporter.
“If they follow this test, they need not fear my other message to them: Lose money for the firm and I will be understanding; lose a shred of reputation for the firm and I will be ruthless.”
That’s the ethical standard Buffett explained to a Congressional committee in 1991 that he would apply as he cleaned up the Wall Street investment firm Salomon Brothers. He has reiterated the newspaper test many times since over the years.
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“You only find out who is swimming naked when the tide goes out.”
Many companies might do well when times are good and the economy is growing, but Buffett told investors that a crisis always reveals whether businesses are making sound decisions.
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“Who you associate with is just enormously important. Don’t expect that you’ll make every decision right on that. But you are going to have your life progress in the general direction of the people you work with, that you admire, that become your friends.”
Buffett always told young people that they should try to hang out with people who they feel are better than them because that will help improve their lives. He said that’s especially true when choosing a spouse, which might be the most important decision in life.
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“Our unwavering conclusion: never bet against America.”
Buffett has always remained steadfast in his belief in the American capitalist system. He wrote in 2021 that “there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking.”
