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The next Buffett, Elvis, or Jordan

From left: Warren Buffett, Michael Jordan, Elvis Presley, Kobe BryantThis weeks Barron's (subscription required) talks about The Next Warren Buffett. Of course nobody believes that's going to happen. The headline is cast to grab attention and sell papers, just like mine, but it's not happening: no way, no how!

Barron's discusses in it's story the strong possibilty that David Sokol, 51, the curent chairman of MidAmerican Energy Holdings Company is the most likely to succeed Buffett. MidAmerican has $39 billion in assets and is a subsidiary of Berkshire Hathaway (NYSE: BRK.A). The headline should really have read "succeed" not be the "next".

Continue reading The next Buffett, Elvis, or Jordan

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S&P 500-3.081,279.11

Last updated: July 24, 2008: 09:47 AM

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