Todd Combs a 39 year old Fund Manager is to take over from Warren Buffet as the new CIO, it will be interesting to see how he switches from managing a $400M fund to an investment portfolio over $100B. Its obviously Buffet will never step down so we will have to wait till he passes on.

Frankly i was surprised at this coz all my money had been Li Lu, who significantly helped Berkshire Harthaway find profits in China, a super brilliant guy and made history in my alma mater the first guy to receive 3 degrees simultaneously.