QuestionerDuring the past several years, much has been written and many have speculated about your successor. However, has there been any discussion at your board meetings about a replacement for your partner, long-time friend, and co-chairman Charlie Munger?
WarrenWell, Charlie is my, he's my canary in the coal mine. Charlie turned 90, and I find it very encouraging how well he's handling middle age. So I hope to be able to do the same thing myself. You raised a point which is, I haven't thought about, but I'm a little sensitive now that you raised it. They always talk about replacing me, but they never talk about replacing Charlie. I do think, I think it's very likely, incidentally, that whoever replaces me as CEO probably has, over the years, certainly develops, they'll ever be able to develop another Charlie, but they'll develop somebody that they work with very closely. It's a great way to operate. Berkshire is better off because the two of us have worked together than if either one of us have been working individually. There's no question about that. I would be very surprised if a few years after my successor takes over, maybe sooner, that there isn't some relationship of partnership that enhances the CEO's, not only achievements, but the fund that. have. But so far, nobody's brought up in the meeting any successor to Charlie. And frankly, I have a lot of trouble thinking of anybody that could be a successor to Charlie. Charlie, do you want to come? I've got to give you a chance.
CharlieI don't think the world has much to worry about. Most 90-year-old men are gone soon enough. The Canary has spoken.