No. of Recommendations: 7
Ted and Todd, while awesomely good investors, have not quite attained WEB's unique six sigma proficiency.
Warren has also built up a lifetime of goodwill and trust, hard to replicate by somebody who hasn't been in the spotlight or had such an engaging story for the past half century.
When he screws up he says so, which is a charming attribute in today's world. And even if/when Ted/Todd do the same, it won't be to the same effect simply because they're not Warren. The dynamic will be different, it will be harder to explain away the inevitable bungles. Not saying 'impossible', just that everything will be different in many ways, and predicting a linear extension of what we have seen is, at best, unlikely.
