Li Lu (李录/李錄) won’t be joining Berkshire Hathaway

Most Chinese readers care the most about whether Li Lu (李录/李錄) will join Berkshire Hathaway. Looks like we have an answer today.

– NYT, “Buffett Opens Up on Succession Planning

“He’s [Todd Combs] got the best chance of being the successor, but if we find the right guy or gal, we’d take that person, too,” he said, adding that the matter hasn’t been decided.

Mr. Buffett also told The Times that Li Lu, a Chinese hedge fund manager considered one of the other top candidates, has decided to stay in his fund.

A few more interesting articles,

– Carol Loomis, “Meet the leading contender to manage Berkshire’s billions

– Alice Schroeder, “What I Know About Todd Combs (Updated)

– WSJ, “Warren Buffett and Todd Combs: What Do We Know?

– NPR, “Hedge Fund Manager To Take Over From Warren Buffett

– WaPo, “Warren Buffett taps Todd Combs as leading candidate to succeed him

– CNBC, “Berkshire’s Hiring of Hedge Fund Manager Creates Instant Leading Contender for Warren Buffett’s Investment Role

– Bloomberg, “Berkshire Names Fund Manager Combs to Help Steer Investments

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