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Warren Buffett Wants ‘Farmer’ Son to Succeed Him

By William Spain, Market Watch

CHICAGO, December 9, 2011 (MarketWatch) — Warren Buffett has told the CBS News program "60 Minutes" that after he dies, he wants his son to become non-executive chairman of Berkshire Hathaway. Howard Buffett, a farmer with no college degree, would be a good successor, the elder Buffett said, because he understands the values of the company. For his part, Howard Buffett is amenable to the plan, he told the newsmagazine, as long as he doesn't have to stop growing corn and soybeans. CBS released portions of the interview Friday ahead of its Sunday evening broadcast.

Howard Buffett was a keynote speaker at the 2010 National No-Till Conference sponsored by No-Till Farmer, a sister publication of Farm Equipment.

 

Original Source: http://www.marketwatch.com/story/warren-buffett-wants-farmer-son-to-succeed-him-2011-12-09?siteid=bnbh

Posted December 9, 2011

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