I just wanted to write a quick post to share this link. Dr. Michael Burry is getting lots and lots of press/love from value investors since his appearance in Michael Lewis‘ newest book, The Big Short. I have not read the book, yet (I intend to read it soon), but I have read the flurry of articles that have appeared recently.
The author of the post suggests that Burry might be on the short list to succeed the current leadership and become the Chief Investment Officer at Berkshire. Keep in mind that this is purely speculation on the part of the author. Burry meets the criteria, but as far as I know there is no evidence that Buffett is considering him. He sounds like he’d be an excellent choice. He’s unconventional, independent, and committed to his approach. It’s a recipe for success.
It would be nice to think that Buffett will address this question at the Berkshire meeting this year. I doubt that this will be the case. Last year he mentioned that there would be no value in going public with the candidates. He pointed to the fact that GE went public with their candidates for the CEO position (post-Welch) and every single one of the passed over candidates left the company. Buffett likes to buy and hold things, including his business leaders and friends. In any case, if he does address this issue at the meeting, I’ll be back here with a full report. Thanks for reading.
Disclosure: I currently hold Class B shares of Berkshire Hathaway.
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