Berkshire Hathaway is well positioned to survive after Buffett

Many would consider Berkshire Hathaway to be the model company, but the company has a problem in the form of its founder.

Warren Buffett has achieved staggering returns for shareholders over the years but the billionaire sage is not getting any younger, and neither is his right-hand man, Charlie Munger. The age of Warren Buffett and Charlie Munger presents a problem for Berkshire’s shareholders, as well as those investors who want to become Berkshire shareholders but are afraid of what will happen to the conglomerate after Warren Buffett.

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According to Morningstar, concerns about what will happen to Berkshire after Buffett departs are overblown. Last week, Morningstar published its latest 100 plus page Financial Services Observer, “Berkshire Hathaway Will Survive the Departure...