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Miles: Berkshire Can Still Do Big Deals After Buffett

Berkshire's permanent capital base and long-term outlook should allow Buffett's successors to keep pursuing major transactions, says Bob Miles.

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Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. We are here at the Value Investor Conference ahead of the Berkshire Hathaway Annual Meeting. I had a chance to sit down with Warren Buffett expert, Bob Miles, to talk about how Buffett's new lieutenants are performing and also if Berkshire should be paying a dividend.

Bob, thanks for joining me today.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.