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In Berkshire Hathaway's yearly shareholder letter dated February twenty five, 2012, Buffett stated that his successor as CEO were chosen internally but not named publicly. When the intent of this concept was to bolster self esteem within the Management of the "Buffett-much less Berkshire", critics have famous this strategy of choosing a successor and not using a concrete exit strategy for your sitting down CEO normally leaves an organization with less lasting options, whilst undertaking minimal to calm shareholder 메이저사이트 worry.[37]