Buffett’s transition is strategic, not reactive — ensuring continuity without compromising Berkshire’s culture of discipline. For shareholders, this isn’t a turning point to fear — it’s one to study.
Alice is right: Warren is literally not replaceable. And BRK either... no matter what other investors/ceo-marketers says about their companies (the next BRK of "X").
Did you get a copy of the 60th anniversary book? I did!
Yep, I put my order in right away. I was actually checking the resellers prices on eBay (which were up over $200 at the time) when I noticed Berkshire selling it. My wallet is appreciative :)
'On Monday, Berkshire’s stock price dropped as much as 6% as the market digested the CEO hand-off — and, to some extent, a decline in first quarter earnings'.
We don't know why the stock was off 6%, certainly not the portion of it that was due to one thing vs another. Unless every transaction could be analysed and even then the data may not be accurate.
Buffett’s transition is strategic, not reactive — ensuring continuity without compromising Berkshire’s culture of discipline. For shareholders, this isn’t a turning point to fear — it’s one to study.
Alice is right: Warren is literally not replaceable. And BRK either... no matter what other investors/ceo-marketers says about their companies (the next BRK of "X").
Did you get a copy of the 60th anniversary book? I did!
Yep, I put my order in right away. I was actually checking the resellers prices on eBay (which were up over $200 at the time) when I noticed Berkshire selling it. My wallet is appreciative :)
'On Monday, Berkshire’s stock price dropped as much as 6% as the market digested the CEO hand-off — and, to some extent, a decline in first quarter earnings'.
We don't know why the stock was off 6%, certainly not the portion of it that was due to one thing vs another. Unless every transaction could be analysed and even then the data may not be accurate.