Buffett To Step Down at Berkshire

shareholder: 주주
board (of directors): 이사회 
Legendary investor Warren Buffett waited until the final minute of his 60th shareholder meeting to announce his plans to retire, shocking investors, fans and even his own board.

behemoth: 거대 기업
gain: 이득
The 94-year-old architect and face of Berkshire Hathaway is ending a historic run, turning what was a failing textile business in the 1960s into a corporate behemoth while delivering a 5.5 million percent in gains per share to investors.

accumulate: 모으다, 축적하다
volatility: 변동성
He faces plenty of questions over his plans for Berkshire, while chief among them is his plan for the almost $350 billion cash pile Buffett has accumulated while largely sitting out the volatility of the past few years.

capital allocation: 자본배분
It still shocked me a bit that he handed over the reins, saying he’s going to hand over the reins to the capital allocation.