Value Investing News

As usual, Buffett can’t shake someone’s hand without the press immediately speculating whether that person is going to be his successor. The latest is that Byron Trott’s departure from Goldman Sachs to run a venture fund that Berkshire Hathaway will partly finance, could signal that he will take over the 130 billion dollar company when Buffett leaves it.

• http://widemoatinvesting.wordpress.com/2009/04/01/buffett-out-trott-coming-in/ (1)