Berkshire Selects Eventual Buffett Replacement


Berkshire Hathaway's fourth-quarter profit fell sharply, in part on an underwriting loss in its reinsurance business related to life insurance, the company said on Saturday.

IT HAS long been one of Wall Street's favourite guessing games: Who will succeed Warren Buffett as chief executive of Berkshire Hathaway? Buffett, in his annual letter to Berkshire shareholders on the weekend, said for the first time that he had chosen

Warren Buffett is the chairman and CEO of a Berkshire Hathaway, a holding company based in Nebraska. He is also the company's primary shareholder. Buffett is one of the wealthiest people in the world, with a fortune of over

Berkshire Hathaway Inc. revealed a number of adjustments in its $66.2 billion stock portfolio during the fourth quarter. It purchased 46.6 million Wells Fargo shares during the fourth quarter to give it 408 million shares and control of 7.7 percent of

IT HAS long been one of Wall Street's favourite guessing games: Who will succeed Warren Buffett as chief executive of Berkshire Hathaway? Buffett, in his annual letter to Berkshire shareholders on the weekend, said for the first time that he had chosen




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