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Warren Buffett Hints at Successor

Berkshire Hathaway Inc. CEO Warren Buffett may have found his successor. The 84-year-old billionaire told investors on Saturday that he has found a winning candidate, while vice chairman Charlie Munger named two possibilities: head of energy Greg Abel and insurance executive Ajit Jain. Munger described both as “proven performers who would probably be under-described as ‘world-class.’”