Warren Buffett’s Likely Successor will be Geico’s Next CEO

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Warren Buffett’s Likely Successor will be Geico’s Next CEO – Here’s How He Prepared Todd Combs for the Role (Business Insider)
Warren Buffett‘s deputy, Todd Combs, is set to become CEO of Geico starting next year. Combs will continue to oversee $14 billion in assets as an investment manager at Buffett’s Berkshire Hathaway conglomerate. Leading the nation’s second-largest auto insurer while managing a massive portfolio might seem unfeasible, but a review of Buffett’s annual shareholder letters suggests he’s been preparing Combs for this type of role. Combs’ joint responsibilities will also be valuable practice for running the entirety of Berkshire one day.
 
Now this is going to be sort of surreal, but , people used to say , that hes done 20'yrs ago, and with today's medicine, -

yes, let's say, he looses walking ability,
he looses , speech ability,

but potentially, just a chance, like Dr. Hawkings,
he still could last - another 20 years.

It's funny at the same time,

because they spoke about the successor, and there's still, some flame/hope burning on, for Warren. :rolleyes:

Wish him only the long life.

p.s

as Dalio was preparing one man, but eventually had to take back the wheel ;
tho the age difference is significant.
 
Nobert said:
as Dalio was preparing one man, but eventually had to take back the wheel ;
tho the age difference is significant.
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The problem with Dalio seeking a replacement is that he runs a sort of cult, which means that passing the baton is very hard if the replacement doesn't think like Dalio. His own money is tied up in it which is why it's important.
 
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