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Who Is Howard Buffett? 60 Minutes Gives Glimpse (tapped to succeed his father, Warren)
Forbes ^ | Dec 11 2011 | Luisa Kroll

Posted on 12/11/2011 11:13:44 PM PST by WilliamIII

merica’s second richest man, Warren Buffett, announced on 60 Minutes tonight that his son Howard would succeed him as chairman of Berkshire Hathaway. News had leaked by Friday, as my colleague Clare O’Connor reported, that Howie, as he is known to his family, would eventually become nonexecutive chairman, serving as guardian of the company’s values but having nothing to do with the firm’s investment decisions.

I watched the interview with Leslie Stahl to learn more about Buffett’s middle child but also to get a glimpse into the personal life of one of the world’s most successful men. It was at times quite revealing. Asked by Stahl about his father’s decision to tap him, Howard, 57, a corn and soybean farmer who still likes to get his hands dirty and spends hours on his tractor, admitted he was surprised.

So too was most of America. So what did we learn about his qualifications and the Buffett family? For starters, the three children had little idea growing up just how successful their father was. “We knew he was a security analyst,” recalls Howard, but says they didn’t understand what that meant. His sister once told her class that their father was a security guard, not knowing the difference.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Extended News; US: Nebraska
KEYWORDS:

1 posted on 12/11/2011 11:13:49 PM PST by WilliamIII
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To: WilliamIII

gee, I thought he said he didn’t believe in just giving his kids money or generational wealth and that he was going to be giving all his money to charity and the rest in taxes....pfffffft..... f’ing hypocrite.


2 posted on 12/12/2011 12:43:42 AM PST by Dick Vomer (democrats are like flies, whatever they don't eat they sh#t on.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks WilliamIII.


3 posted on 12/12/2011 12:44:16 AM PST by SunkenCiv (Merry Christmas, Happy New Year! May 2013 be even Happier!)
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To: WilliamIII

http://en.wikipedia.org/wiki/Howard_Buffett

Check out the real Howard Buffet. This would be Warren Buffets father. He was a staunch Republican who served as Nebraska’s Representative to Congress. Ol hypocritical Warren is far to the left of him.


4 posted on 12/12/2011 12:56:11 AM PST by dennisw (A nation of sheep breeds a government of Democrat wolves!)
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To: Dick Vomer

The guy is a yayhole...Mark Levin was really ripping him a new one a few weeks ago, it was great. He was calling him “Warren Buffay” saying he creates and produces nothing, only pushes paper around.


5 posted on 12/12/2011 1:59:10 AM PST by GrandJediMasterYoda (Nancy Pelosi - The #1 reason why we need a Constitutional amendment for Congressional drug testing.)
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To: GrandJediMasterYoda
I thought Howard planned on giving his money to the Bill and Melinda Gates Foundation ad very little to his family.

What a lair as usual.

6 posted on 12/12/2011 4:19:34 AM PST by scooby321
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