Berkshire's Buffett Steps Down: Why Almost Nothing Will Change – And Why That's a Good Thing

The highly anticipated change at the helm of Berkshire Hathaway is set to take place by the end of the year. However, it seems that, at least initially, not much will change. For many investors, that is likely the good news. Warren Buffett (95) will step down after 60 years at the wheel and hand over the reins to Greg Abel (63). The experienced Berkshire manager has been overseeing the vast non-insurance operations of the conglomerate. The Shadow Man Remains: Buffett's Enduring Power Although Abel takes over as CEO, Buffett is expected to remain...