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[hfe_template id='11223'] [ad_1] Warren Buffett steps down as chief executive of Berkshire Hathaway today, closing one of the longest and most consequential tenures in modern corporate history and forcing investors to confront whether America’s most venerated conglomerate can thrive without the man who defined it? The retirement, announced at Berkshire’s annual shareholders’ meeting earlier this year, hands day-to-day control to vice-chairman Gregory Abel from January 1. Buffett, now 95, will remain chairman and has said he will still come to the office. But his exit from operational leadership ends a six-decade chapter that transformed a struggling textile maker into a sprawling financial colossus and reshaped the contours of American capitalism. Today, Berkshire is the ninth-most-valuable company in the United States. It is the country’s second-largest property and casualty insurer, with tradeable stocks, bonds and cash worth nearly $700 billion, and it controls roughl...