So, the Greatest Investor in the history of Stock market, Warren Buffett is preparing for retirement – he is looking for a successor.. and a young person at that! Now, how do you succeed the Warren Buffett?? Any body applying?
Legendary investor Warren Buffett renewed speculation about who will replace him at Berkshire Hathaway Inc., saying Thursday in his annual shareholder letter that he plans to hire at least one young investment manager to help succeed him.
To replace Buffett, Berkshire plans to split his job into two parts — chief executive officer and chief investment officer. The company’s board of directors approved a plan in October to hire one or more candidates for the job of CIO, so Berkshire will be ready when Buffett can no longer work.
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