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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 in the leadership 메이저사이트 of the "Buffett-less Berkshire", critics have famous this strategy of choosing a successor with out a concrete exit system for the sitting CEO generally leaves an organization with fewer long run solutions, while carrying out minor to quiet shareholder fear.[37]