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Warren Buffett Steps Down as Berkshire Chairman, Names Son to Replace Him

323 points · 221 comments · saimiam

  1. kittikitti · · focus · HN ↗
    People take what he does and says as gospel so knowing he went with monarchy tier nepotism is going to be very annoying.
    1. eviks · · focus · HN ↗
      Or it could be very beneficial - you don't need to know anything about finance to judge the quality of this particular decision, so it's easier to cast doubt on other gospels
      1. kittikitti · · focus · HN ↗
        The decision was not based on competency so I can judge based on the factors that were considered. It's clear that this was done because of nepotism and I struggle to find other reasons. While you can hide behind ambiguity (it _could_ be very beneficial) there is no indication that it is at this time.
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