The Future of Wealth Management

I think the best road ahead to human happiness is to expect less. We don't need as many wealth managers as we have, says Charlie Buffett. I worry that a corporate raider like Carol Icon or a group will buy up enough of these shares and completely disregard Warren's philosophy for holding cash in US treasury bills. And I also worry that changes might be made in how Berkshire subsidiaries are run. If it's true that Greg and the Rogers will have a honeymoon period for a long time, simply because of the boats that will still remain.