Berkshire identifies successor to Warren Buffett,not by name

Although the successors name is not known,the most common guess among Berkshire watchers is Ajit Jain,who runs the reinsurance business. As usual,Buffett and his partner,Charlie Munger,were lavish in their praise for him. Charlie would gladly trade me for a second Ajit. Alas,there is none, Buffett said. In addition to Jain,four other names crop up: Burlington Northern chief Matthew Rose,Geico auto insurance boss Tony Nicely,utility company MidAmericans Greg Abel and reinsurer General Res chief Tad Montross.