Warren Buffett, 94, will step down as Berkshire Hathaway CEO but stay on for his wisdom and joy.

Warren Buffett, 94, plans to step down as CEO of Berkshire Hathaway but will continue working at the company's Omaha office, offering his investment ideas and decision-making skills. He named Greg Abel as his successor, praising Abel's energy and productivity. This move reflects a trend of senior business leaders continuing to work past retirement age. Buffett also emphasizes finding joy in work, suggesting it leads to a happier life.