That there was a succession plan in train, though, was never denied.
Another contender, David Sokol, was seen as a hot favourite but left a decade ago after questions about his share dealings were raised. She quoted Mr Buffett as saying:"The directors are in agreement that if something were to happen to me tonight, it would be Greg who'd take over tomorrow morning."They're both wonderful guys.Berkshire's approach to boardroom succession is, to say the least, unorthodox.Berkshire Hathaway owns fast food chain Dairy Queen Pic: APThat said, as one of the most iconic American business leaders of all time, Mr Buffett has arguably earned the right to defy convention.
It has gone on to deliver an annual compound return of 20% to the end of 2020 - getting on for double the return that an investment in the S&P500, reinvesting dividends, would have delivered in that time.
Source: News Formal (newsformal.com)
I’ll save you clicking the link...it’s me, he picked me. Wise choice imo
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