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Old 11-12-2005, 05:23 PM
tek tek is offline
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Join Date: Oct 2004
Location: Minneapolis
Posts: 523
Default Re: Buffetts 50 years of 31% returns

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How will his successor be able to take over when so much of Berkshire's DNA resides in Mr. Buffett's head?

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The answer is he or she won't be able to. Therefore the solution is for Buffet to spin off the insurance operation into a seperate company. Also spin off other whooly owned companies. Then start liquidating the stock holdings. Finally, issue a cash dividend to Berkshire shareholders and ride off into the sunset as the greatest investor.

Why set up the successor for failure? Cash out Buffet.
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