How Warren Buffett is preparing for his 60-year Berkshire Hathaway reign to end

I am quoted in Business Insider:

The investor mentioned in his latest letter that he requires a cane to walk, perhaps because he’s “considering the possibility of stepping down as CEO in the near future,” David Kass, a finance professor at the University of Maryland who’s been closely following Buffett’s company for four decades, told BI. He added that the nonagenarian might announce the decision as soon as Berkshire’s annual meeting in May.

Paving the way

Berkshire’s $334 billion cash mountain may reflect a “desire to hand a relatively clean slate to Greg” and enable him to “more easily perform the main function of a CEO, which is allocating capital,” Kass told BI.