Washington Post - Berkshire Hathaway says 4Q net income down 30 percent as paper value of derivatives drops
Seattle Times - Buffett says Berkshire has a successor in mind
Billionaire Warren Buffett wants Berkshire Hathaway shareholders to know that the company has someone in mind to replace him eventually, but he's emphasizing that he has no plans to leave.
The Motley Fool - Since taking over in 1965, Warren Buffett has grown Berkshire Hathaway's book value at a compound annual rate of more than 20% -- double the market's return. Just $10,000 invested in Berkshire Hathaway as late as 1980 is worth nearly $3 million today.
As you can see Warren Buffett has always had great returns with Berkshire Hathaway and even though Q4 income falls you can't count him out.
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