Buffett: Berkshire’s Board Would Support Jain as Successor (But Jain’s Not Interested)
In a very unusual statement, Berkshire Hathaway Chairman and CEO Warren Buffett has revealed that Berkshire's board of directors would almost certainly support Ajit Jain as the company's next CEO if he wanted the position. However, Mr. Jain is apparently ...
Why Is Todd Combs Bullish on Western Union?
There has been much speculation this week regarding the reasons behind Warren Buffett's decision to hire Todd Combs to manage a portion of Berkshire Hathaway's investment portfolio. Although short term stock price movements are meaningless, some observers have attributed Berkshire ...
Berkshire Hathaway Hires Todd Combs as Investment Manager
In a long awaited announcement, Berkshire Hathaway has named an investment manager to handle a “significant portion” of the company’s investment portfolio. In a press release issued today, Berkshire announced the appointment of Todd Combs as an investment manager. Mr ...