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 Input:
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 Output:
Berkshire Hathaway Names Abel And Jain As Vice Chairmen As Buffett Succession Plans Sharpen


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Sarah Shourd was freed in September and returned to the United States. Her fiance  Shane Bauer  and their friend Josh Fattal remain in prison.
 Shourd and their families have denied they did anything wrong. After her release  Shourd said they were hiking in a scenic and relatively peaceful part of northern Iraq and inadvertently crossed an unmarked border with Iran when they were arrested in July 2009.
 Iranian authorities said they freed Shourd as a humanitarian gesture because of unspecified health concerns  though the woman has since said her health is fine.
 Iran warned that it will seize the $500 000 bail posted by Shourd if she does not return for trial.
 The 32-year-old Shourd  from Oakland  California  has not disclosed any plans to return to Iran.
 She said in an interview published Oct. 31 in The New York Times that the three stepped off an unmarked dirt road and inadvertently crossed from Iraq only because a border guard of unknown nationality gestured for them to approach.

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Iran sets February trial date for 3 Americans


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Mark Dreyer  who has closely followed the Chinese sports industry since 2007  told ABC News China was seen as a safe bet because Beijing has already pulled off a successful Summer Games.
 Dreyer  said Beijing was able to woo the International Olympic Committee  or the IOC  with the prospect of having 300 more participants in winter sports.
"Even if it's a fraction of that  [China] could still revolutionize the winter global sports industry  which is not particularly big ”  Dreyer  added.
"So [China] really could haul itself up very very quickly "  Dreyer  added. "Perhaps 2022 is going to come just a little bit too soon but they're not going to embarrass themselves.”
 Dreyer  points out that China is putting a lot of funding into its ice hockey program and hiring North American coaches for its men's and women’s Olympic teams.
“They’ve been talking about the 'Beijing Miracle' for 2022 "  Dreyer  said  referring the United States' own 'Miracle on Ice' in 1980 when the American hockey team defeated the seemingly unbeatable Soviet team.
"That shows you the kind of ambition they have  to basically go from nobody on the world stage to potential medalists four years from now "  Dreyer  said. "Which goes hand-in-hand with China's ambitions everywhere else."

Ex Output:

With Pyeongchang Games over Beijing gears up to host Winter Olympics in 2022