10 People Who May Replace Warren Buffett at Berkshire Hathaway Inc.

Lawrence Cunningham has a great list of people who can take over Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) once Warren Buffett is no longer around. This magic list was actually generated by current Berkshire shareholders.

Cunningham is a George Washington University law professor, and has studied Berkshire Hathaway for years. As part of his upcoming book, Berkshire Beyond Buffett: The Enduring Value of Values, Cunningham conducted an extensive shareholder survey. As part of that survey, each shareholder was asked to nominate three people they thought would make for a worthy Buffett successor.

Cunningham says 10 names were mentioned a large number of times. These include Matt Rose of BNSF, Greg Abel of Berkshire Hathaway Energy, Ajit Jain, head of Berkshire's Reinsurance Group, Lubrizol's James Hambrick, and Frank Ptak at the Marmon Group.

Motley Fool analyst Rex Moore was at the Berkshire Hathaway annual meeting in Omaha and was able to chat with Cunningham. In this video, Cunningham explains talks more about Buffett's potential successors.

We recommend buying Berkshire
Berkshire Hathaway is one of the stalwart holdings in Motley Fool Stock Advisor, a service whose average recommendation has returned 158% since inception. By comparison, equal amounts invested in the S&P 500 would have returned 54%. Right now, you can try the service free for 30 days, giving you full access to every stock pick – including two brand new recommendations from David and Tom Gardner released just last Friday. Click here for more information.


Read/Post Comments (0) | Recommend This Article (6)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 3002624, ~/Articles/ArticleHandler.aspx, 10/31/2014 2:39:05 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement