Why hasn't Buffett brought in his successor?

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2009 Annual Meeting

Why hasn't Buffett brought in his successor?

Warren Buffett explains why he thinks bringing his successor to Berkshire headquarters would be "a waste of talent."

Sat, May 2 2009 • 9:00 AM EDT

More From 2009 Annual Meeting

2009 Annual Meeting Highlight Reel

Morning Session - 2009 Meeting

Afternoon Session - 2009 Meeting

Buffett and Munger on nationalized health care

"I'd only have two courses"

Derivatives are "a danger to the system"

Will Berkshire be competitive in the long term?

When does Berkshire sell its stocks?

Why GEICO spends big on advertising

How Americans' stupidity benefits Berkshire

Moody's wasn't alone in making mistakes

Buffett's three choices for balancing the housing market

"The best protection against inflation is your own earning power"

Buffett and Munger commend DC's credit crisis response

Berkshire's long-term derivatives will be profitable