Warren Buffett’s announcement of retirement shocked veteran analyst Meyer Shields. Shields anticipates Berkshire Hathaway will pay a dividend and face increased scrutiny under successor Greg Abel. Buffett’s decision to step down was voluntary, signaling his desire to leave on his terms. Berkshire’s huge cash reserves may prompt a dividend payment to shareholders. Shields expects more employee turnover and skepticism from Wall Street without Buffett at the helm. Shields does not foresee Abel being as directly involved in managing subsidiaries as Buffett was. He suggests Berkshire should improve its financial disclosures to align with industry standards.

Read more at Yahoo Finance: Warren Buffett’s decision to retire ‘shocked’ this analyst. He predicts these changes once the investor steps down.