Warren Buffett Has Officially Left Berkshire Hathaway After 61 Years. But 3 of His Favorite Stocks Will Likely Live on in Berkshire's Portfolio for Decades to Come.

Key Points Warren Buffett transformed a struggling textile manufacturer into one of the world's largest conglomerates. Buffett is arguably the greatest investor ever. While his career may be over, the lessons Buffett taught and many of his investments are likely to live on for a long time. 10 stocks we like better than Apple › Warren Buffett just stepped down as chairman of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) , ending an epic run. The Oracle of Omaha started investing in Berkshire, then an old textile manufacturer, in 1962 and turned it into one of the world's largest conglomerates. Greg Abel is now chief executive officer, and Buffett's son, Howard, will replace him as chairman of the board of directors. Missed AI’s "Act 1"?