29 points | by saimiam an hour ago
8 comments
I guess Warren’s quote only applies to other people, not him. "It’s like choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners in the 2000 Olympics." (https://www.nytimes.com/2001/02/14/us/dozens-of-rich-america...)
So after all no one could be trusted
People take what he does and says as gospel so knowing he went with monarchy tier nepotism is going to be very annoying.
Best wishes and all. But given Berkshire's scale, and the son's age (71), questions about the next succession plan seem appropriate.
Also, since the NYT says nothing else about the son: https://en.wikipedia.org/wiki/Howard_Graham_Buffett In context, his recent involvement in local politics seems rather odd.
Sounds like there's a grandson who's being groomed for that: https://en.wikipedia.org/wiki/Howard_Warren_Buffett
They all seem very similar to the British "new nobility" in the mid-late 19th century, albeit with less syphilis and opium.
Rags to rags in three generations, don't forget. These people are not Warren Buffett and most likely do not share his skill, luck, and psychological investment.
Is grooming the right word here? The guy is 42, grooming to me has a pedophilic connotation.
This is how groomed is used, yes. The sexually overt connotation is a very recent thing.
I guess Warren’s quote only applies to other people, not him. "It’s like choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners in the 2000 Olympics." (https://www.nytimes.com/2001/02/14/us/dozens-of-rich-america...)
So after all no one could be trusted
People take what he does and says as gospel so knowing he went with monarchy tier nepotism is going to be very annoying.
Best wishes and all. But given Berkshire's scale, and the son's age (71), questions about the next succession plan seem appropriate.
Also, since the NYT says nothing else about the son: https://en.wikipedia.org/wiki/Howard_Graham_Buffett In context, his recent involvement in local politics seems rather odd.
Sounds like there's a grandson who's being groomed for that: https://en.wikipedia.org/wiki/Howard_Warren_Buffett
They all seem very similar to the British "new nobility" in the mid-late 19th century, albeit with less syphilis and opium.
Rags to rags in three generations, don't forget. These people are not Warren Buffett and most likely do not share his skill, luck, and psychological investment.
Is grooming the right word here? The guy is 42, grooming to me has a pedophilic connotation.
This is how groomed is used, yes. The sexually overt connotation is a very recent thing.