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{1 billion for whole possession of industrial large Precision Castparts Corp., Buffett brushed off fears more than the bear current market in Power selling prices at the time as myopic, telling CNBC, "We will be During this enterprise for one hundred years."In Berkshire Hathaway's yearly shareholder letter dated February twenty five, 2012, Buffett mentioned that his successor as CEO were chosen internally but not named publicly. Though the intent of this concept was to bolster assurance within the Management of the "Buffett-much less Berkshire", critics have famous this strategy of choosing a successor and not using a concrete exit ë©”ì´ì €ì‚¬ì´íŠ¸ strategy for your sitting down CEO normally leaves an organization with less lasting options, whilst undertaking very little to calm shareholder worry.[37]