UPI says Berkshire Hathaway Chairman Warren Buffett told stockholders gathered at the company’s annual meeting in Omaha his successor will have a sharp eye for profitable long-term investments, good negotiating skills at making large-scale deals to benefit the stockholders, while sticking to a solid investment strategy. Although share prices of the company’s stock have slipped along with the overall economy, Berkshire Hathaway continues to earn money. MHProNews.com has learned a successor has been chosen but only the board of directors knows the identity. Berkshire Hathaway owns Clayton Homes.

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