I can’t believe Buffett’s grandfather is finally getting ready to take his place,

I can’t believe Buffett’s grandfather is finally getting ready to take his place, and the world has lived for a long time, so it’s all strange.

Buffett’s Succession Plan: This Is Some Kind of a “Management Will”

1. Designation of three succession trustees
   •Buffett has already decided on three potential successors, which is like organizing “who will inherit what” from his children when writing a will.
   •The successors have already been decided, but right now, they’re telling you to just wait in the waiting room. No one will be able to take the full role until Buffett leaves.
2. What does “Wait list” mean?
   •The “waiting list” translation is a bit X-ish. It doesn’t just mean “you’re ready to take on it whenever your turn comes.”
   •In other words, the plan is set up so that Buffett can be replaced as soon as he steps out of management.
   3.Shows for shareholder trust?
   •This announcement is trying to give shareholders a sense of security: “I’m not going to ruin Berkshire!”
   •But the problem is that it’s just “trust and wait” without giving a specific name, so there’s still a little uncomfortable part left.

Prophecy: This is a Buffett drama

1. Stock price stabilization effect
   •The announcement that “I have a follow-up plan” won’t cause Berkshire’s stock to plummet, but it won’t be able to soar. Just an announcement to “keep a sense of stability.”
   •However, when a specific successor is disclosed, there is a possibility that the stock price will fluctuate in the short term depending on the person’s career or reputation.
2. Propensity of successors
   •The person who will inherit Buffett’s investment philosophy will be the most likely, and there is a high probability that current management such as Greg Abel will enter.
   •But the problem is, there’s little chance of another Buffett-like figure. It’s hard to expect a “buffet clone.”
3. Long-term strategy: at a wobbly crossroads
   •If the successor maintains a value investment philosophy, the stock price will stabilize in the long run, but if it goes in a new direction, confusion is expected in the beginning.
   •Especially as soon as you touch high-risk assets such as technology and bitcoin, traditional Berkshire fans may leave saying, “What X is this?”

My own conclusion

“When Mrs. Buffet leaves, the expectation that Berkshire will remain peaceful? It’s literally a dream.”

No matter who the successor is, this giant machine that rolled into one person named Buffett has no choice but to squeak without new grease.
I have to prove that “it rolls well without buffets”, will the successor be able to do that?

To say another thing:
Berkshire won’t fail even if Buffett leaves? Yes, I agree. But no matter how thoroughly prepared they are, it will be a ” successor empire,” not a Buffett empire.

Conclusion: “The Buffet Plan will succeed.
However, it will not be the same as before.”

• Ai Wants To Be Buffett’s Successor, Completion Of Nvidia Short Bet If You Get Legacy.