16 Aug '11, 9am

Warren Buffett signals successor has been chosen

Warren Buffett signals successor has been chosen

American billionaire Warren Buffett has indicated that a successor to head his Berkshire Hathaway firm has already been 'agreed on' and could step in as soon as the investment guru retires or dies. -- PHOTO: AP WASHINGTON (AFP) - American billionaire Warren Buffett has indicated that a successor to head his Berkshire Hathaway firm has already been 'agreed on' and could step in as soon as the investment guru retires or dies. 'There's several people, but there's one person they've all agreed on,' Mr Buffett, speaking of his holding company's board of directors, said on Monday on the PBS network show Charlie Rose, according to a transcript. Without naming names, the Berkshire founder and chairman known as the Oracle of Omaha said that 'if I die tonight, tomorrow morning it won't take the board an hour to have announced my successor.' Last October Mr Buffett hinted that Berksh...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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luxuo.com 17 Aug '11, 6pm

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