Gregg Warren: We continue to be impressed by wide-moat-rated Berkshire Hathaway's (BRK.A) (BRK.B) ability to generate high-single-digit to double-digit growth in its book value per share, believing it will take some time before the firm finally succumbs to the impediments created by the sheer size and scale of its operations.
We also believe that the ultimate departure of chairman and CEO Warren Buffett and vice chairman Charlie Munger will have far less of an impact on the business than many believe it will.
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Greggory Warren does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.