Buffett reveals the real reason for his decision to step down as CEO: Start accepting aging

Warren Buffett has revealed that he decided to step down after finally feeling the pressure of his age, the Wall Street Journal reported on Wednesday. According to the report, Buffett cannot pinpoint the exact moment when he decided to hand over control of Berkshire Hathaway to Greg Abel. But in recent years, Buffett has noticed the energy that the designated successor shows as he works every day, as well as a slowdown in his own work pace. The two are working at different speeds - and the gap is growing.
"There's not a magic moment," Mr. Buffett, 94, told The Wall Street Journal. "How do you know exactly when you're getting older?" "For some strange reason, I don't really start getting older until I'm about 90," he said by phone from his Omaha office. "But when you start aging, the process becomes - irreversible." (Kim 10)