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Last week's resignation of David Sokol brings renewed speculation in guessing Warren...

Last week's resignation of David Sokol brings renewed speculation in guessing Warren Buffett’s (BRK.A) successor, and Barron’s comes up with a novel pick: Buffett’s friend Bill Gates. Separately, CreditSights says Buffett may want to pursue a U.S. utility, such as Ameren (AEE) or Pinnacle West (PNW).
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Comments (2)
  • dividend_growth
    , contributor
    Comments (2895) | Send Message
     
    Bill Gates would have the authority, the competence, and reputation to keep BRK subsidiaries' managers in line.

     

    This is not inconceivable because Bill & Melinda Gates Foundation will become the largest BRK shareholder. So it's very much in Gates' interest that BRK stays strong until at least the Foundation liquidated all its stakes (which may decades to complete).
    4 Apr 2011, 04:11 PM Reply Like
  • Dawgeatdog
    , contributor
    Comments (83) | Send Message
     
    Bill Gates has less than a spotty record picking winning stocks. As for overseeing management I'll call Steve Balmer exhibit one.
    4 Apr 2011, 04:58 PM Reply Like
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