Warren Buffett Steps Down as Berkshire Hathaway Chairman After 56 Years. Here's What Investors Should Expect Moving Forward.

Key Points Buffett first announced plans to step away from the company last May. Expect Berkshire Hathaway to operate slightly differently in Buffett's absence. 10 stocks we like better than Berkshire Hathaway › Warren Buffett began buying shares of Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) in 1962. He took complete control in 1965. In the decades to come, Buffett led Berkshire on a truly historic run . The stock averaged 19.7% annual returns -- roughly double what the S&P 500 Index garnered over the same time period. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase.