According to Odaily Planet Daily, Berkshire Hathaway Chairman and CEO Buffett stated that he only truly felt old at 90 and described this change as irreversible. Buffett sometimes loses his balance and struggles to remember names.
Buffett believes that true talent is extremely rare and that it would be unfair not to let Abel serve as CEO, as Berkshire benefits more and more from Abel over time. Abel's performance during the 10-hour workdays is noticeably different from Buffett's and is more efficient.
Buffett acknowledges that age has weakened certain abilities, but he still possesses the valuable talent of an investor, which remains useful during market panic. Berkshire's cash and treasury bond reserves have increased, raising concerns about Abel's potential investment ideas.