Warren Buffett Steps Down as Berkshire Chairman, Names Son to Replace Him(nytimes.com)
312 points by saimiam 25 days ago | 213 comments
tl;dr: Summary not available
HN Discussion:
  • ↓Buffett's succession choice contradicts his own stated views on nepotism and inheritance
  • •This succession was long-planned and the non-executive chair role is limited to guarding culture
  • ↑Berkshire remains a solid long-term investment regardless of leadership changes
  • ~Buffett lost his edge by failing to adapt to the modern tech investing landscape
  • ↑Buffett is a relatively admirable billionaire deserving of defense against criticism