Buffet: Finding successor ‘won’t be easy’

AS HE looks for an investment manager to succeed him someday, Warren Buffett has set his standards high.

“I intend to hire a younger man or woman with the potential to manage a very large portfolio,” writes Buffett, the 76-year-old chairman of Berkshire Hathaway, in his annual letter to shareholders published earlier this month.

“Picking the right person will not be an easy task.”