If Greg Abel can do for BNSF’s margins what he did for MSR over the past five years, that will be a very positive sign for the ongoing succession plan. I agree that this plan is already in action. At 94, Warren Buffett knows that his time actively running the company is running out. I’m sure that Charlie Munger warned him about how things progress once in your 90s. In his final interview, Charlie sadly commented on how his energy level at 99 was so much less than even a few years before. Sad but a reality of life. Most people get to this stage 10-15 years earlier.
I’m glad that Charlie blurted out that Greg Abel is Buffett’s successor because it seems like it has allowed everyone to be more open about Greg taking over aspects of Berkshire’s operations. And I think it’s good for Berkshire as a whole that he brings a little bit different approach to dealing with the subsidiaries.
If Greg Abel can do for BNSF’s margins what he did for MSR over the past five years, that will be a very positive sign for the ongoing succession plan. I agree that this plan is already in action. At 94, Warren Buffett knows that his time actively running the company is running out. I’m sure that Charlie Munger warned him about how things progress once in your 90s. In his final interview, Charlie sadly commented on how his energy level at 99 was so much less than even a few years before. Sad but a reality of life. Most people get to this stage 10-15 years earlier.
I’m glad that Charlie blurted out that Greg Abel is Buffett’s successor because it seems like it has allowed everyone to be more open about Greg taking over aspects of Berkshire’s operations. And I think it’s good for Berkshire as a whole that he brings a little bit different approach to dealing with the subsidiaries.
A shame you didn't include Einhorns comments about Buffett as the greatest market timer!
Not sure SIRI surged due to anything related to Berkshire. All we know is that there were more buyers than sellers this past week. We'll see.