SteveR

What Will Happen to Berkshire Hathaway Post-Buffett?

I don't know William. To assume that a new leader will emerge and completely reverse the culture that has been part of Berkshire seems to be the least probable outcome. I would say that the most probable outcome would be a continuation of the Berkshire culture, which is what sets it apart from almost all other large US corporations. It's not like Buffet is the only one at Berkshire that recognizes their recipe for success. Granted Buffet is an "Einstein of Investing" and cannot truly be replaced but he can be emulated fairly well and I think they have spent a lot of time trying to find the best Buffet emulator.

I think the more likely scenario would be this. Buffet will go and the market will overreact in typical fashion and oversell, presenting a really good buying opportunity.