Warren Buffet's heritage

The shareholders of Warren Buffet's company Berkshire Hathaway are currently concerned by a critical question: who on earth will be the successor to the throne and guide the company into (an even more) flourishing future? One shareholder put it less delicately during a general assembly:

"Who follows after your death, Mr Buffet?"

Mr Buffet's reaction: "My successor will not follow my strategy, but the company culture will remain the same."

Ambigious as this answer may be, Mr Buffet leaves no doubt on one point. He categorically refuses to step down from the post of CEO and says: "What kind of new CEO would that be? He would not be free in his decisions."

Source: stocks


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