Saturday, October 13, 2012

W. Buffett appears regularly at the top of the richest peo


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The most famous American investor Warren Buffett (81) assured the shareholders milpro of your company on its good health milpro and said that his company Berkshire Hathaway is ready to be replaced, if necessary.

The Annual General Meeting of your company also confided that recently considered one of its biggest acquisitions, but it did not work.
Shareholders' questions about health W. Buffett was waiting for the most, however, appeared in the second

half of the meeting of nearly 40 thousand shareholders. W. Buffett 17th April announced that he had prostate cancer milpro were diagnosed in the early stages. Over the weekend, referring to the high survival rate for this type of cancer, called the finding a "minor problem".
"I feel tremendously, I enjoy what I do," said W. Buffett to shareholders. He added that in July, plans to undergo milpro radiation, treatment should not be any activity on the larger impact. "Maybe I have a little less power, but it may mean doing less nonsense," he said.
Already in a letter to the General Assembly before W. Buffett milpro said the Board of the company will be able, if necessary, to choose his successor, and that the two candidates but did not identify. Vehemently rejected the suggestion that the company annually reported as ready to replace it. Last year the General Assembly was marked by resignation W. Buffett's favored candidate to succeed David Sokol, who from the company because of the scandal left.
W. Buffett said he recently milpro

mused about the acquisition for more than $ 20 billion and was willing to sell it because of some investments Berkshire

Hathaway. "It could happen, but I think it does not happen," he said, according to Reuters. He did not suggest what the company was, taking in such amounts should not be approached its largest transaction, buying milpro railway company Burlington Northern Santa Fe in 2010 for $ 26.5 billion.
So, a big acquisition would have siphoned off more than half of Berkshire Hathaway cash reserves totaling $ 37.8 billion. Buffett milpro made it clear that they wanted to keep a cash reserve of around $ 20 billion.
The investment in information technology told him not just an investment in shares of IBM, which had Berskhire Hathaway at the end of last year for $ 11.7 billion. He said that to giants like Apple and Google does not intend to invest.
At this year's General Assembly for the first time participated in financial analysts. Their questions covered milpro mostly complex, technical aspects of the field.
W. Buffett was over 50 years ago at the birth of Berkshire Hathaway in 60th years, originally a textile company with the current Vice President Charlie Munger began to change

and make it an investment conglomerate. Its market value exceeding $ 200 billion and the company has about 80 operating divisions as insurance, chemicals, furniture manufacturing and retail.
W. Buffett appears regularly at the top of the richest peo

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