INSUBCONTINENT EXCLUSIVE:
By Tara LachapelleWarren Buffett has started allowing his successor candidates a higher profile internally at Berkshire Hathaway Inc
event has become a celebration of Buffett himself, the now 88-year-old chairman and CEO of Berkshire
Aside from Munger, now 95, there are few others with whom Buffett will share this limelight
It would be a logical next step in what is already happening organically within the $502 billion conglomerate
Duracell batteries, to name a few of its more recognizable brands (though these are puny within the empire)
One of my favorite stats about Berkshire is that among its almost 390,000 employees, only about two dozen work at the headquarters
But while synergy was never the goal in building his conglomerate, lately its executives have discovered the benefits of closer working
Journal article on Thursday
subsidiaries reporting up to Ajit Jain and Greg Abel, rather than himself
And yet, more than a year later, investors have still heard little from them
portfolio, but rarely interact with shareholders or the press
and many are quick to come to his defense when things like this are questioned
should be doing more to help shareholders get comfortable with it before the time comes
Instead, the biggest quandary of a Berkshire without Buffett is what happens with its war chest
(This column does not necessarily reflect the opinion of economictimes.com, Bloomberg LP and its owners)
