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Berkshire holders trust Buffett on health outlook

May 5, 2012 RSS Feed Print

And Berkshire has hired two hedge fund managers, Todd Combs and Ted Weschler, over the past two years who Buffett says eventually will be capable of running the company's entire portfolio. Buffett said Saturday that both Combs and Weschler were excellent hires, and the two men are now managing $2.75 billion each while Buffett oversees the remaining roughly $150 billion.

Buffett has said he remains in good health, and has no plans to retire because he enjoys running the conglomerate he built.

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Online:

Berkshire Hathaway Inc.: www.berkshirehathaway.com

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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