[Buffett's successor - Bill Gates?]

Sorry-I did not mean CEO.  I meant as Chairman.    Howard Buffett is non-executive Chairman, Bill Gates Chairman, and Greg Abel of Ajit Jain as CEO.

 

 

[Buffett's successor - Bill Gates?]

It seems like Buffett's successor will be Bill Gates.  Here are some reasons:

 

1.  Bill Gates is coming on TV together with Buffett when speaking about Berkshire. 

2.  Bill Gates' foundation owns a big % of Berkshire shares (much of which comes from Buffett).

3.  Bill Gates is young.

4.  Bill Gates is a combination of Buffett and Munger.

 

Curious what other people think of this.

[Good Site for Earnings Conference Call Transcripts]

Thank you

[Good Site for Earnings Conference Call Transcripts]

I'm seeking a good place for transcripts of Earnings Calls.  I used to go to SeekingAlpha but I noticed the site trying to charge for the service.  If there are other sources, please let us all know. 

 

Thank you.

[Book on Keynes the investor]

Great post.  I've done the same thing as Keynes.  tried commodities related businesses but realized that the value was dependent on other's agreeing with my views.    this could take years.  With good companies, the cash flow and cash in the bank make it easy for others to agree with my assessment and the portfolio keeps moving up.