472- Succession

Despite all the mystique around investing, it essentially boils down to understanding the business you’re investing in and viewing it as owning a part of a real company, not just buying a stock. This tends to hold true no matter the company, the industry, or the state of the market as a whole.

Few investors have understood this as well as Warren Buffett and his team at Berkshire Hathaway. With Munger having recently passed and Buffett offering insights into his twilight years as the world’s premier value investing superstar, what does the future hold for BH with the potential for a huge shakeup in leadership?

This week finds our hosts back in the “studio” to discuss the question of succession planning at Berkshire Hathaway, and what that means for the value investor and the market at large.

For more knowledge from some of the most successful minds in value investing, click here for your free copy of The Best Investors in the World: https://bit.ly/3DhbmIS

Topics Discussed:

• Instagram
• Dataroma/Gurufocus
• Li Lu and Timberland
• Institutional imperative at Berkshire

Resources Discussed:

• The Intelligent Investor

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