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Best wishes and all. But given Berkshire's scale, and the son's age (71), questions about the next succession plan seem appropriate. Also, since the NYT says
by bell-cot 15d ago
Best wishes and all. But given Berkshire's scale, and the son's age (71), questions about the next succession plan seem appropriate.
Also, since the NYT says nothing else about the son: https://en.wikipedia.org/wiki/Howard_Graham_Buffett https://en.wikipedia.org/wiki/Howard_Graham_Buffett In context, his recent involvement in local politics seems rather odd.
- deleted 15d ago[deleted]
- roryirvine 15d agoSounds like there's a grandson who's being groomed for that: https://en.wikipedia.org/wiki/Howard_Warren_Buffett https://en.wikipedia.org/wiki/Howard_Warren_Buffett They all seem very similar to the British "new nobility" in the mid-late 19th century, albeit with less syphilis and opium.
- mitxela 15d agoRags to rags in three generations, don't forget. These people are not Warren Buffett and most likely do not share his skill, luck, and psychological investment.
- detourdog 15d agoThe grandson was in FFA (Future Farmers of America) in high school. My guess is the Buffett family values environment was not typical suburban USA.
- mgfist 15d agoBuffett’s giving almost all his wealth away so not the usual rags-to-rags. The grandson has a pretty successful career already anyways (helped obviously by his relation to Warren)
- aitchnyu 14d agoHeard that proverb. I'm more inclined to believe rich families from 1400s are rich now. Family wealth can be preserved by sending spare sons and daughters to monastic life. https://qz.com/694340/the-richest-families-in-florence-in-1427-are-still-the-richest-families-in-florence https://qz.com/694340/the-richest-families-in-florence-in-14...
- echoangle 15d agoIs grooming the right word here? The guy is 42, grooming to me has a pedophilic connotation.
- avazhi 15d agoThis is how groomed is used, yes. The sexually overt connotation is a very recent thing.
- SirFatty 15d agoYou should spend less time on 4chan.
- bell-cot 15d agoThe word has a many meanings - https://en.wiktionary.org/wiki/groom https://en.wiktionary.org/wiki/groom Squinting at a [Compact] 1971 Oxford English Dictionary - the pedophilic meaning postdates that edition.
- tclancy 15d agoThink you’re begging the question with that final phrase.
- sajithdilshan 15d ago71 is way past retirement age in many countries. Also didn’t know Warren Buffett is 96 already. Maybe it’s time to pass the torch to someone younger from a different generation