Monday, April 23, 2012

And Buffett's Successor Is......

WSJ weighs in on the likely successor..........
Who can fill Warren Buffett's shoes?
The chairman and chief executive of Berkshire HathawayBRKA -0.24% who has run the conglomerate since 1965, announced this week that he has prostate cancer. The disease was detected early, and the 81-year-old Mr. Buffett is otherwise in excellent health. His prognosis is good.
But the news brought renewed attention to the question of who ultimately will succeed him. A skilled bridge player, Mr. Buffett is keeping his cards close to his vest. He has said the members of Berkshire's board have chosen a successor whom they know and admire, as well as two backups.
Yet he hasn't disclosed the successor's identity—even to the chosen person. Nor would he reveal anything during my brief conversation with him this past week.
Entire article:

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