{1 billion for full ownership of industrial big Precision Castparts Corp., Buffett brushed off concerns in excess of the bear market in Strength prices at time as myopic, telling CNBC, "We'll be in this organization for a hundred many years."
In Berkshire Hathaway's yearly shareholder letter dated February 25, 2012, Buffett reported that his successor as CEO were picked internally but not named publicly. When the intent of this message was to bolster self esteem while in the leadership of the "Buffett-significantly less Berkshire", critics have noted this method of selecting a successor and not using a concrete exit technique with the sitting CEO often leaves a company with 메이저사이트 fewer lasting alternatives, though undertaking small to tranquil shareholder worry.[37]