I think the the recent talk on this board about Warren "still being in charge", or at the least still having a major, if not veto vote on major decisions such as buybacks, potential dividends, etc seems a bit ridiculous for the following reasons:


1) Buffett has a 60 year history saying what he means and meaning what he says. He says Abel is now the CEO. I take that at 100% Face Value.

2) Buffett and Charlie had plenty of time to work with Abel to make this CEO decision. I don't think Abel is in any typeof "intern" position.

3) Warren and Charlie are both smart enough to know that any CEO worthy of the title at Berkshire wouldn't agree to anything less than being CEO in practice as well as title.

4) Warren had his run, and likely over stayed his welcome by least 15 years. I think in hindsight he may even realize that.

To many any conjecture that Buffett is managing from the sideline is a completely made up belief and should not be spread as fact.

Sure, the Chairman comes to work every day because he loves it, it keeps him alive, and he has wisdom and knowledge to share.

But he aunty running the place any more.