Before this gets more views, let's establish that the headline is misleading and it's spelled "Buffett".<p>Howard Buffett is a NON-EXECUTIVE chairman. He will have little-to-no involvement in investment decisions at Berkshire. My guess based on the actual content of the article is that he is installed to have a vote at board meetings that will help maintain ethical and moral voting policies throughout the firm.
In some ways this is a break from Warren's publicly espoused values, but it seems to be a figurehead kind of thing and you can't really complain about a chairman who doesn't get paid.
I hope Howard is even a fraction of the investor Warren is. I mean, don't get me wrong, Howard is probably great, but when your dad is considered one of the best investors ever, its hard to live up to that legacy.<p>And yes, I've read the article, thats a pretty long list of what Howard has achieved in his life thus far, its nothing to sneeze at.