Fire Sale on Buffett

Shares of Berkshire Hathaway are enticing, even if you account for a future without its celebrated leader.

Berkshire Hathaway (symbol BRK-B) has long been synonymous with its chairman and chief executive officer, Warren Buffett. Yet as Buffett ages (he celebrates his 82nd birthday on August 30), the question of what the company will look like -- and what its shares will be worth -- once the oracle of Omaha is no longer at the helm becomes only more pressing. But investors can find plenty of reasons to like Berkshire stock even if Buffett is out of the picture.

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Elizabeth Leary
Contributing Editor, Kiplinger's Personal Finance
Elizabeth Leary (née Ody) first joined Kiplinger in 2006 as a reporter, and has held various positions on staff and as a contributor in the years since. Her writing has also appeared in Barron's, BloombergBusinessweek, The Washington Post and other outlets.