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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (2672)10/19/2000 12:31:47 AM
From: James Clarke  Read Replies (2) | Respond to of 4691
 
Doesn't anybody here read the Wall Street Journal? Yesterday they told you who Buffett is going to tap to be the Chairman, CEO and CIO if he should die.

My reaction - I'm VERY disappointed as a shareholder in his choice of a Chairman successor, Lou Simpson as CIO is no surprise and no complaint, and the CEO was a mystery in the article, but reading between the lines it became pretty clear to me who it is. I think Munger's quote in the article said more than he should have. Buffett's probably screaming at him for leaking the secret.

I loved the anecdote that Buffett told a group of friends that he was holding an envelope containing his sucession plan. He opened it with bated breath and read the contents: "Check my pulse again".

Mr. Buffett, if you read this, easy on the T-Bones. We want to see 90. Dilly Bars are OK in moderation.