Playing out the last hand
Warren Buffett’s 50 years running Berkshire Hathaway have been one of business’s most impressive winning streaks. How will it end?
On February 28th Warren Buffett released his 50th annual letter to shareholders. In April of last year, we considered how his succession might play out.
WHAT do the next 50 years have in store for Berkshire Hathaway, the conglomerate Warren Buffett has run with spectacular success for the past half century? It is an interesting question, Mr Buffett acknowledged in a recent note to The Economist declining to be interviewed about it; “so interesting that I recently assigned the same story to myself” and “I don’t want to step on my own lines.” But, he offers, “in 50 years, we can have lunch and compare the actual to the projected.”
This article appeared in the Briefing section of the print edition under the headline "Playing out the last hand"
From the April 26th 2014 edition
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