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jjallen 2 hours ago

He's there to maintain the very unique culture of the company. I think it's sort of like if they have his son there he of all people should know Buffett's/Berkshire's culture and be able to best maintain it. He's got a few years to figure out a successor. But yeah this is mostly about the unique culture they have.

WarmWash 2 hours ago | parent | next [-]

He also has been on the board since 1993. So it's not like his son is walking in today as the new guy.

He was elected by the board too, rather than directly placed by Warren.

koolba 2 hours ago | parent [-]

> He was elected by the board too, rather than directly placed by Warren.

I don’t think the last name hurt his chances in 1993 either.

jjallen 2 hours ago | parent [-]

You would want someone who is intimately familiar with the culture to be involved for a long time in case something happened to Warren.

thundercleeze an hour ago | parent [-]

I imagine there were some other candidates in 1993 that didn't share Buffet's genetics.

Waterluvian 2 hours ago | parent | prev [-]

Does this actually work or is this just the best option he's got given he cannot live forever?