Whos the next Buffet
Adarsh
12-03-2007, 9:08 PM | Post #2461749 |
4 Replies
Well I wish Buffet has another 20 to 30 years of great investing but have to be cognizant of the fact that he is close to his sunset than many of us are age wise. So I was wondering what other alternatives do us investors have once Buffett is gone. Who is out there who can come close in culture, integrity and performance ?
Regards
Adarsh
Re: Whos the next Buffet
12-04-2007, 1:37 AM | Post #2461771
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yes, he is not young. However, he did not set up a 200+Billion empire on his own, rather he has put together a tight team around him and has arranged for succession for when he is no longer there. Also, the value of BRK holdings will not change; they would be still as valuable.
Who is the next Warren? No name on the horizon that is sure for they need a long term track record. I go with BRK warren or no warren.
Re: Whos the next Buffet
12-06-2007, 2:38 PM | Post #2462474
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There are plenty of candidates, but IMO none of them comes close. Buffett is probably not only the best investor alive, but the best investor ever. Sadly, that means the likelihood is fairly high that there will be no "next Warren," at least within our lifetimes.
Best,
Oildog
Re: Whos the next Buffet
12-11-2007, 10:50 AM | Post #2463658
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Ken Heebner of CGM Funds is the next Warren Buffett!
Re: Whos the next Buffet
01-01-2008, 2:52 PM | Post #2471334
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As a pretty die-hard Buffetthead, I think an important question is- if all things were equal only Buffett were starting out today rather than when he did, would he be able to achieve the same degree of success?
I don't think there's any debate that, no matter what era you put him in, he's going to be one of the greats, however, I think there might be some valid debate regarding the degree of his success if he (and his general methodology) were operating in different periods of history.
I think Warren Buffett is "Warren Buffett" because he was an epic genius who happened to be in the right place at the right time in history. Shift a few variables either way and he might not have been as successful; yeah, I'd bet the farm that he would still be 'hugely successful' by all reasonable measures, but perhaps not the total freak of nature that he has been.
This discussion pertains to the original question, as it makes it very hard to pick a "next Buffett" ; there's a very real chance that the window of opportunity to become a "Buffett" to begin with has already closed (based on a number of different reasons).