After sixty-one years of stewardship, Warren Buffett — now ninety-six — has relinquished the chairmanship of Berkshire Hathaway, the enterprise he built from a failing textile mill into a $1.1 trillion institution. His son Howard assumes the chair to guard the company's culture, while Greg Abel continues as chief executive managing its vast operations. The transition, long planned and quietly executed, reflects one of investing's enduring lessons: that the greatest legacies are not seized but carefully handed forward. As Buffett himself acknowledged, even the most extraordinary human tenure mu