Berkshire Hathaway CEO Warren Buffett is looking for a successor. No, he’s not looking for someone to take all his money. He just wants someone to run his company when he’s gone.

The successful candidate for this job will have most of the skill that Warren Buffett possesses. Those include investment savvy, people skills, and lots and lots of patience. This is not a job for someone who loves to buy and sell stocks. It’s a job for someone who enjoys researching companies and discovering value. Berkshire Hathaway is big on buying good companies, not on selling bad ones.

It can be safe to say that Buffett looks at fewer stock price charts in a given month than most investors do in a day. The price of a stock is only relevant when its bought. The numbers that matter before a purchase include revenue and market share.

Warren Buffett is one in a million, maybe one in a billion. People who think they can do what Warren Buffett does are a dime a dozen. Good luck with the search, Mr. Buffett.

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