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Could Bill Gates do Buffett's job?

Buffett & Munger2004-05-01videoOpen original ↗

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SpeakersQuestioner1Warren1
QuestionerMy question has to do with Bill Gates, given his aptitude, his accomplishments, his ability to keep great people together within Microsoft, would you consider having him become the future chairman of Berkshire? Did Bill put you up to this?
WarrenWe did not. No, I know that. It's not a crazy suggestion, but we've got a better answer. Bill could do my job very well, and I could not do his job, but we also have at least four people within the Berkshire organization that in many respects could do my job better than I do, and probably in one or two respects they might not be as good at certain parts of it, but they would be terrific successors. We were more blessed in that situation than we've ever been in the history of Berkshire. If you go back 15 years. years we did not have four. And as we add businesses, it's not inconceivable that more potential future leaders come with those businesses. So we're well equipped. Bill, I think, to the extent that he spends less time at Microsoft, and he will probably be, you know, the Gates Foundation will take up perhaps more of his time. I don't really think he is looking for my job, although he may salivate at the pay level that's available. Thank you.