Berkshire Hathaway stock fell sharply early Monday on news that CEO Warren Buffett will be stepping down at year-end after 60 years of leading the company. Berkshire’s Class A shares were down 4.4% to $773,

I caught up with 20 Berkshire shareholders at a bar, picnic, run, and brunch in Omaha, Nebraska. Some were devastated, while others had high hopes.

Although Abel's expected ascension had been known for four years, the announcement at Berkshire's annual meeting in Omaha, Nebraska, was a surprise.