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>> " it doesn't have any significant risks, other than Buffett dying." That's somewhat comical given that he's 87 years old. Life expectancy tables show an exp
by berberous 9y ago
>> " it doesn't have any significant risks, other than Buffett dying."
That's somewhat comical given that he's 87 years old. Life expectancy tables show an expectancy of 5 years. Probably should cut that back a fair bit given his taste for Coca Cola, See's Candies, and burgers....
All that said, given the nature of his business and the strength of those in succession behind him, hopefully Berkshire continues to do well.
- valuearb 9y agoTo put my point more clearly, when Warren passes away Berkshire's value isn't going to change. It's probably not going to add value at the same pace as it would with him leading it, but it's value is still likely to continue to compound significantly faster than the market. What Warren has built is embedded deep in the core of how the entire company operates. So that's not much of a risk at all.