Who will be the successor to Warren Buffett? In JP. Morgan is betting on this man
The billionaire investor celebrated his 87th birthday last month and the world is beginning to gamble who will be the next chief executive of the investment empire Berkshire Hathaway
Who will be the successor to Warren Buffett as chief executive of investment giant Berkshire Atheway, is one of the best-kept secrets in the business world, the new JPMorgan analyst who reviews the company bet on one man. "In our opinion, Warren Buffett's heir , Which is regularly praised by the Oracle of Omaha, said Sarah Dwight of JPMorgan Thursday, which covered Berkshire Hathaway.
But you're in a hurry to part with Warren Buffett. The billionaire investor, who turned 87 last month, is not showing signs of slowing down and may serve as CEO for another decade, Dwight wrote.
Able, 55, heads Berkshire's services division. Analysts and investors often mention him as a candidate to replace Buffett with Ajt Jane, director of Berkshire's insurance division. The two executives were praised by Charlie Berger, chairman of Berkshire in 2015, who called them "the world's top managers," and in some ways better than Buffett.