Tuesday, March 04, 2025 | 03:33 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

It's not me, it's Berkshire: Buffett says his firm's name will outlast him

Berkshire often makes large investments in times of panic, when its stable capital and not the Buffett name, is the allure, he said

It's not me, it's Berkshire: Buffett says his firm's name will outlast him
Premium

Katherine Chiglinsky and Noah Buhayar | Bloomberg
If a major company needs capital or a private firm wants to sell, Warren Buffett’s checkbook is often the one they seek out.

Will that stay the case when it’s someone else’s signature?

That was the question from several Berkshire Hathaway Inc. shareholders at the firm’s annual meeting Saturday, adding a fresh angle to the topic of succession for the 87-year-old chairman. Berkshire’s desire to utilize a cash pile that has grown to more than $100 billion makes finding large-scale deals a key issue for whoever will be the conglomerate’s next leader.

Buffett downplayed any unique skill he has to drum up deals,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in