Will Berkshire Hathaway be the same without Warren?

At Berkshire Hathaway’s annual meeting, investor supremo Warren Buffett announced that he’ll be stepping down at the end of the year. He received a standing ovation and messages from Bill Gates, Tim Cook and other elite business leaders. Thankfully, Berkshire Hathaway has prepared for his departure, with plans 25 years in the making. Greg Abel will be tasked with continuing the legacy that Warren Buffett has created. Experts expect Berkshire’s excellent investment decisions to continue but, as with all changes of this magnitude, things may not stay the same. There’s a belief that new managers...