Key Points Legendary investor Warren Buffett stepped down as Chairman of Berkshire Hathaway on Friday. In his farewell letter, he included a devastating four-word musing on the power of time. His words mirror his personal investment philosophy and should warn investors what not to do. 10 stocks we like better than S&P 500 Index › I turned 50 years old last week: Living proof that age and maturity don't always go hand in hand. I can think of only a few things that have stayed the same over those 50 years. I've had red hair the entire time. Washington's portrait is still on the dollar bill. And, for that entire half-century, Warren Buffett was Chairman of Berkshire Hathaway (NYSE: BRKB) (NYSE: BRKA) . Missed Nvidia in 2009?
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