Given a document, generate a short title of the document. The title should convey the main idea/event/topic about which the document is being written. Note that URLs in the text have been replaced with [Link].

[EX Q]: Warren Buffett's  plans to eventually pass the reins of Berkshire Hathaway to a successor took has taken a major new step. On Tuesday   Buffett  laid out why Greg Abel  CEO of Berkshire Hathaway  and Ajit Jain  head of its insurance operations  will join Charlie Munger as vice chairman of the $500 billion conglomerate.
Jain  by contrast  oversees Berkshire's gigantic insurance outfit  where he's shown deft underwriting skill and the discipline to trim exposures to overly competitive markets like catastrophic insurance and reinsurance when pricing is unfavorable. A native of India  Jain came to the U.S. to get an MBA at Harvard and then cut his teeth at consultancy McKinsey. In 1985  he was hired by  Buffett  to work in Berkshire's insurance operations. Said  Buffett  in a 2009 shareholder letter  "I immediately knew we had found a superstar." A decade later  the division was bolstered by  Buffett 's acquisition of the Geico shares Berkshire didn't already own. From an insurance float of $3.6 billion in 1995  Berkshire's float now stands at about $100 billion annually.
In addition to Abel and Jain  Berkshire's investing business also has two rising figures.  Buffett  is increasing  his  allocations of Berkshire funds to lieutenants Todd Combs and Ted Weschler  who each manage over $10 billion  and have led the conglomerate to positions ranging from Apple to Charter Communications.
As succession plans harden   Buffett  and Munger will continue in their existing positions. That means they will continue to be overseeing major capital allocation decisions and investment activities  for instance any major deals. In addition to making headlines for Berkshire's succession plans   Buffett  also made headlines for  his  views on the wider investing landscape.
Most notably   Buffett  said tax reform will have a big impact on Berkshire's owners  telling CNBC's Quick that shareholders effectively have seen their ownership of  the company 's profits rise by over 20% as corporate rates have fallen from 35% to 21%.
About crypto currencies   Buffett  said today's euphoria inevitably will lead to heart break. "If I could buy a five year put on any of the crypto currencies I would do it "  Buffett  said  admitting  he  would never short the speculative asset because it's not something  he  knows well.  He  dished out the following common sense  "why in the world should I take a short position in something I don't know anything about."
But  his  views are crystal clear. "I think what's going on definitely will come to a bad ending "  Buffett  said.
Warren Buffett: My Greatest Investing Advice And The Investments Everyone Should Make
[EX A]: Berkshire Hathaway Names Abel And Jain As Vice Chairmen As Buffett Succession Plans Sharpen

[EX Q]: Gary Kaplan  50  must also forfeit $43.6 million in illegally obtained revenue as part of a plea agreement. Prosecutors have said that amounts to more than half of Kaplan's total worth.
 Kaplan pleaded guilty in August to racketeering conspiracy  violating the Wire Wager Act and conspiring to violate it. Prosecutors had been investigating offshore sports gambling since 1997  and BetOnSports since 2001.
 Kaplan  sentenced to four years and three months  could end up spending another year behind bars. He has been jailed for two years and seven months since his March 2007 arrest in Puerto Rico. U.S. District Judge Carol Jackson said it will be up to the Bureau of Prisons to determine if he is given credit for time served. Attorneys in the case noted that federal rules call for him serving 85 percent of the 51-month sentence  minus whatever credit he may be given for time served.
 In his guilty plea in August  Kaplan said BetOnSports had 1 million registered customers and accepted more than 10 million sports bets worth more than $1 billion in 2004 alone. HisHis company  by then based in Costa Rica  employed 1 700 people.
 Kaplan took BetOnSports public on the London Stock Exchange's Alternative Investment Market in 2004  which netted him more than $100 million that was deposited in Swiss bank accounts. For the next two years  he served as a BetOnSports consultant.
 Prosecutors said the company falsely advertised that its gambling operations were legal  and misled gamblers into believing that money transferred to BetOnSports was safe and available to withdraw at any time. Instead  investigators said  the money was used to expand operations  including purchase of a rival betting firm.
 Kaplan told Jackson in August that he initially believed that adhering to the laws in Aruba  Antigua  Costa Rica  the Dominican Republic and the United Kingdom kept him in good stead with U.S. laws. But he said he became aware as early as 2000 that such dealings violated U.S. law  and got confirmation in a legal opinion in 2002. Yet  he kept operating.
 Kaplan apologized to the judge Monday for the "pain and embarrassment" he caused to his family  and said he'd "paid a monumental price for poor decisions." His attorneys said that Kaplan  from his jail cell  has made six-figure contributions to St. Louis-area charities in recent months.
 Jackson said while recognizing Kaplan's generosity  she was "a little put off" by letters she's received from those charities on his behalf.
 "When I make a charitable contribution  I don't expect credit " she said. "I hope you will continue to support worthy charitable organizations even when it doesn't further any personal interest you may have."
[EX A]: BetOnSports.com founder gets 4-plus years

[EX Q]: Sarah L. Myers  41   worked as a special ed teacher at North Boone High School in Poplar Grove  Illinois â just northeast of Rockford  the stateâs third-largest city. The ex-teacher was sentenced to a ten-year prison term after pleading guilty to two sex acts  Fox News reported.
The victim  who was not a special ed student  reported the sexual encounters with the teacher in April and told authorities he had been having regular sexual encounters with  Myers  since November of last year.
 Myers  was credited with 261 days of time spent  but  she  will have to register as a sex offender for the rest of  her  life  the judge ruled.  She  will not be eligible for parole until 85 percent of  her  sentence has been served.
But during the hearing  news broke that yet another student implicated the teacher in a sex act.  Myers  is now accused of a sexual encounter with a student in nearby Champaign County.  She  will also face charges in that case  officials say.
[EX A]:
Illinois Special Ed Teacher Gets 10