How Should We Compensate Our Successors?

"It's been tough for a long time and we bought some good business," Warren Buffett says. "When the disparity gets so wide between what I heavily debat death and ass purchase will bring as against an equity type purchase, it gets to be tougher." A shareholder who asked to remain anonymous writes three years ago you were asked at the meeting about how you thought we should compensate your successor. 'I can't blame anybody for wanting their market value,' he responds.