Warren Buffett is growing more and more confident in the investment team that he has assembled, as shown by his decision to increase the allocation of funds to $4 billion each for Todd Combs and Ted Weschler.  I believe Buffett is absolutely sincere in his praise for these managers, and I believe that by publicly...Read More

This is a wonderful piece on Ajit Jain who runs Berkshire Hathaway’s (Brk/B) mammoth reinsurance business.  Jain is my prediction for Buffett’s successor for whatever that is worth.  The reasoning for this is the man is clearly an exceptional talent, and Jain has proven that he is loyal and he has the passion for Berkshire...Read More