Monday, March 12, 2007

Warren Buffett Looking For Successor

This is the report from Coattail Investor:

"In his annual letter to shareholders last week, Warren Buffett caught investors’ attention when he mentioned retirement from Berkshire Hathaway. Buffett has begun the daunting task of trying to find someone to replace the most successful investor of all time: himself.

He has three people in line to succeed him as CEO, but Buffet is still looking for qualified help on the investment side of the business. According to him, he needs someone who is, “genetically programmed to recognize and avoid serious risks, including those never before encountered.”

No comments: