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Prudent Capitalist

01/04/22 12:17 PM

#1605 RE: bar1080 #1604

Only problem is that Warren Buffett did not make that pick and initial investment decision. It was either Todd Combs or Ted Weschler but then Warren got on board and approved the large increases in the position. One of the smartest things Warren ever did was to bring Todd and Ted on Board at a time when they were 2 of the most respected investment minds in the business to groom then and bring them along to eventually take over the investment side of BRK. When WB passes on there will likely be an initial unwarranted precipitous drop in the share price, and smart money will be all over that accumulating BRK shares as it will bounce back quick and the 2 "t's" will carry on the investment side of the business without a hitch. There has probably never been a publicly traded entity in American history that is set up better for the eventual death of the key founder and CEO.