No. of Recommendations: 10
That's what I will be watching when Buffett moves on. What balance will the still controlling family votes reach between making BRK more efficient and preserving the "culture"? How well do they understand business going forward? Will Greg become frustrated?
Great post. When I read The Snowball, I found myself amazed that Howie, who apparently has little interest in business, really, and seemed very much a wild man, was deemed the cultural herald for Berkshire beyond Warren's tenure. And one of Buffett's contradictions is he talks a good game about nepotism, but here we are, with this board...and he's given his children rather extraordinary sums (certainly by my measure) on a not-one-time basis over the years.
I look forward to the Greg/Ajit/Ted/Todd era, and will miss Warren.