Warren Buffett may detail succession plan in letter
Warren Buffett will celebrate the 50th anniversary of Berkshire Hathaway with an extra-large letter to investors on Saturday. It will be around 20,000 words, rather than the usual 14,000.
Bloomberg details what might be included from the 84-year old CEO:
- Buffett could use the letter to help shareholders understand what returns are possible in the decades ahead.
- He may outline a succession plan
- He could spell out the model for acquisitions " The idea is to make Berkshire the buyer of choice for people who want to sell to a long-term owner."
